Imagine if those dollars were their health insurance deductible. Are these the folks struggling with rent, gas prices or at the grocery store?
Tag: COLA
FICA and the Social Security Act are governed by separate laws
Which is why what you pay in FICA taxes does not determine the lifetime benefits you receive. FICA — The Tax Law Federal Insurance Contributions
Social Security versus Congressional pay raise wrapped in stupidity.
A 5% raise in Congress’s annual payroll of $93.3 million would add $1.32 to each beneficiary’s Social Security check. 🤔
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