10/31/2016

The Big Winners and Losers in America’s Social Security System


Low earners often get more from Social Security benefits than they pay in, while high earners get less. One-income couples also fare better



What will you receive in Social Security benefits compared with the taxes you pay in?
The short answer: Low earners often get more than they put in, while high earners get less. By one estimate, the turning point is currently around $65,000 for a single worker and double that for couples earning similar pay.
This question has come up since the Social Security Administration last week announced a payroll-tax increase affecting...

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