SS is forced to invest unspent funds in T-bonds... That's sort of a loan to Uncle Sam.
And yeah, income over $185k isn't taxed by SS (silly law - fixing that would mostly fix the fund depletion that's likely to happen right about the time I retire).
SS is forced to invest unspent funds in T-bonds... That's sort of a loan to Uncle Sam.
And yeah, income over $185k isn't taxed by SS (silly law - fixing that would mostly fix the fund depletion that's likely to happen right about the time I retire).