17 Dec 2024 11:19 am
Mrkelly » 17 Dec 2024, 12:08 pm » wrote: ↑Did you read the link?
The projected reserve depletion date for the combined OASDI trust funds is 2035, a year later than in last year's report.2 Considered on its own, the OASI Trust Fund can pay full benefits until 2033, the same year as projected last year. As in last year's report, the DI Trust Fund is projected to be able to pay full benefits through the end of the 75-year projection period (2098 in this year's report).
Sources of Trust Fund IncomeDuring 2023, an estimated 183 million workers had earnings covered by Social Security and paid $1,233 billion in payroll taxes. Employees pay a 6.2 percent contribution from earnings up to a maximum of $168,600 in 2024, which their employers match. Self-employed workers pay both shares of the contribution, or 12.4 percent. In 2022, an estimated 48 percent of beneficiaries paid income taxes on part of their benefits. Receipts from these taxes go to the OASDI Trust Funds and Medicare's Hospital Insurance Trust Fund. In 2023, income to the combined OASDI trust funds from the taxation of benefits amounted to $51 billion. The trust funds also earned $67 billion in interest payments on their accumulated reserves.
The pirates want our money put on Wall Street
Where they can get their greedy little hands on it
take a look … Republicans are talking about raising the retirement age again to boot
if tRumps stops this **** ( like he promised)
I will give him credit
I have my doubts
YOU just TOTALLY VALIDATED WHAT I SAID, ASSHOLE!!
THE TRUST FUNDS ARE GOING BUHBYE IF SOMETHING ISN'T DONE and that means a LOT of SS recipients will see their CHECKS CUT DOWN!!
And all YOU want to do is whine about it instead of OFFERING A SOLUTION!! And blame REPUBLICANS when your own LEFTWING ASSHOLES had every chance in years past to do more than give it lip service.
DO NOTHING and the benefits are cut. FIX IT and something might remain the same. THAT'S what the Trustee's report just said, *******!!
Liberals are spoiled children, miserable, unsatisfied, demanding, ill-disciplined, despotic & useless. Liberalism is a philosophy of sniveling brats ~O'Rourke
The Democratic Party seems intransigent on their position of keeping the party ‘woke,’ detached, exclusionary, and totally insane.
The Democratic Party seems intransigent on their position of keeping the party ‘woke,’ detached, exclusionary, and totally insane.