You did not pay taxes on the money you are collecting from Social Security. In fact, you didn’t even pay taxes to fund most of
Tag: Social Security
Fixing Social Security once and for all
With Social Security’s 2025 Trustee Report revealing a 3.82% shortfall, we must embrace a private pension system to fund future obligations. Automating tax rate adjustments annually could keep benefits secure, offering a straightforward solution to long-term funding challenges.
A serious request, please tell us
The GI Bill, SSA, and Medicare provide critical support, yet ongoing funding issues highlight the tension between public needs and legislative priorities.
What happened to all those taxes I paid into Social Security?
For workers, the break-even period for payroll contributions can range from 34 months for low earners to around 40-50 months for average earners, with maximum earners taking about 63 months.
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