Tag Archives: Social Security
The Social Security Situation

The Social Security Situation

by bk711 on 09. Jun, 2010 in News

Workers pay taxes which are then put into the Social Security Fund. The fund holds US Treasury Bonds, totalling $2,331,247,228,000 at the end of 2008. Current retirees are supported by current workers through payroll tax, which is what makes Social Security a pay-go system. Source

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