Social Security taxes are secure, with no misuse or theft reported. Government finances since 1936 rely on borrowing through debt securities, primarily Treasury bills and bonds, backed by trust funds.
Tag: saving for retirement
Facts about Social Security- why the trust is being depleted
Social Security taxes aren’t a scam; they’re safeguarding retirement and benefits. Reserves until 2034 need adjustments, but current taxes offer solid protection.
No it’s not fair, it’s selfish
Daddy, what’s wrong? It’s these tax bills, son. Grandpa and Grandma don’t pay taxes anymore, and we just can’t pay all of their share. The
It’s all so relative, where you live and what $$$ you may
Retirement living can be quite relative, especially when it comes to income and living costs. In New Jersey, the lower middle-class income is nearly $70,000 annually, whereas in Mississippi, it’s around $40,000. This stark difference can significantly affect one’s perception of retirement security.
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