Read the following carefully. You will quickly notice they are talking about the UK pension system. This is from a Facebook post. Amazingly you could
Category: Social Security
How it works, the issues for today and tomorrow.
Imagine if an exceptionally large Social Security COLA . . .
caused you to pay income taxes (or higher taxes) because your “combined income” hit one of the brackets in the law❓ You could end up
Social Security bill would give seniors an extra $2,400 a year. WHY❓
“The new bill would seek to lessen the strain on people collecting Social Security by boosting each recipient’s monthly check by $200 — an annual
$56 billion gone
At the end of 2021 the Social Security combined trust held $2,852,000,000,000. Trust income for the year was $980,000,000,000 from payroll taxes, $70,000,000,000 from interest