Re:The most successful people are just the luckiest, a new c...
by sokoloff on Monday October 21, 2019 @01:33PM
(#21314924)
> So its possible they're not only funding the future of social security, but also getting less for themselves...
Social Security payouts relative to withholdings are strongly progressive, such that the less that you pay into social security, the greater percentage you take out once you start receiving benefits. Absent a difference in mortality (or to a much lesser degree, the age at which you start drawing), the less you contribute, the greater percentage of what you contributed will be paid out to you.
Social Security payouts relative to withholdings are strongly progressive, such that the less that you pay into social security, the greater percentage you take out once you start receiving benefits. Absent a difference in mortality (or to a much lesser degree, the age at which you start drawing), the less you contribute, the greater percentage of what you contributed will be paid out to you.