HumbleDollar

Just the facts about Social Security (opens in new tab)

The amount of misinformation out there about Social Security is astounding and to me very disturbing. I out this fact sheet together. I hope you will share the next time you hear one of the outrageous claims being made. The basic funding mechanism has remained essentially the same since Social Security began: Workers and employers pay dedicated payroll taxes (FICA). Benefits are paid primarily from those payroll taxes. Any surplus is invested in interest-bearing U.S. Treasury securities. The ...

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