Mandatory pension funds: What are your thoughts?
in Banking, Insurance & Loans ·
HEY, QUICK QUESTION
Not sure if this is the right spot for this, but here it is:
My uncle (63) used to run his own small business, but things went south a while back. He hasn't been working or paying into Social Security or his health insurance for years. Since he owns a house and an apartment, I'm freaking out—can the government just come after his place? Since he hasn't been paying his dues, could those penalties and interest have piled up enough for them to seize his property? If anyone's wondering the same thing, just ask.
And seriously, if they can take his house, why haven't they done it yet? He hasn't paid anything in at least 10 or 15 years.
Thanks a ton.
Not sure if this is the right spot for this, but here it is:
My uncle (63) used to run his own small business, but things went south a while back. He hasn't been working or paying into Social Security or his health insurance for years. Since he owns a house and an apartment, I'm freaking out—can the government just come after his place? Since he hasn't been paying his dues, could those penalties and interest have piled up enough for them to seize his property? If anyone's wondering the same thing, just ask.
And seriously, if they can take his house, why haven't they done it yet? He hasn't paid anything in at least 10 or 15 years.
Thanks a ton.