The payroll tax is how social security and Medicare are funded.

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image showing The payroll tax is how social security and Medicare are funded.

EvisGamer on August 9th, 2020 at 14:53 UTC »

Which employers sponsor health insurance for retired workers?

tisallfair on August 9th, 2020 at 14:55 UTC »

Or be like Australia. Mandatory 9.5% of salary into the equivalent of a 401k and insurance is completely decoupled from employment. It's a service you pay for like Netflix.

mostlyBadChoices on August 9th, 2020 at 18:31 UTC »

Why isn't anyone talking about all the money we've already paid in??? You want to get rid of SS? Fine. Just pay everyone back all the money they've paid in. I'll be happy to reinvest my $100,000+ into my IRA.