Social Security could be drained of cash in just six years if Donald Trump becomes president in 2025, a report by the Committee for a Responsible Federal Budget warned Monday.The nonpartisan group concluded Trump’s stated plans for his next administration would speed up the fund becoming insolvent.K...
It’s actually insane how little payroll deductions hit when you’re at the 401k and social security max for the year. It’s normal to see 1-2k more per check. Everyone benefits directly or indirectly from social security and we should all pay into it.
Yeah, who cares about the family with a 50k household income…
The cap allows people who can already max out their 401k to get an extra 1-2k every check the last couple months of the year!
You’ve changed my mind good sir
Obviously the wealthy deserve that extra income.
I’m not sure I phrased it correctly, I was saying that it’s insane that checks get larger for the wealthy. I don’t like it either. I fully agree with your point that the cap should be removed.
You phrased it correctly, they read it wrong.