Social Security benefits are determined by your 35 years of earnings, not by the taxes you paid. These benefits are paid for life and may extend to a survivor. The SSA calculates your benefits using your highest 35-year earnings and adjusts them for wage growth. Millions of people receive SS benefits as dependents or spouses, and the system includes provisions for divorced spouses and children.
Category: Government
What governemnt does affects us all now and for years in the future. Many times there are unintended consequences, it would be nice to get it right.
Investing Social Security trust funds
Especially with this administration and who knows what may come next.
Redeeming Social Security Trust bonds-nobody stole nothin😱
The reserves of the OASDI program (which are held in special issue US Treasuries) declined from $2,721 billion at the beginning of 2025 to $2,561
Medicare funding, what your FICA taxes pay and what they don’t.
The Medicare payroll taxes (the 1.45% deducted from your paychecks and matched by your employer) go directly into the Hospital Insurance (HI) Trust Fund, which exclusively
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