13 Comments
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susan cartwright's avatar

12.4% out of everyone's pay is HUGE! Here in Australia we have a similar program called superannuation.

BUT the money is in OUR name!

If we die our spouce or kids get the money. In the USA it goes into a big fund and disappears. American social security should be in individuals names.

Dave Despins's avatar

Hello from Canada 🇨🇦

I find in ways are Systems are similar

Canada is a Vassel State of the USA 🇺🇸

Thanks for all you teach, more appreciated then you know

Kath Saberhagen's avatar

what about people that do not work at a job...they make $$ from their investments? Do they pay into SS? Do those people contribute? Can they claim benefits? How many and how much do they account for? what about the proposed changes to Part D for 2027?

Georgiy's avatar

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Georgiy's avatar

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Teresa's avatar

Why did FDR decide to cap SS tax in the first place? I’m curious about the reasoning.

Teresa's avatar

Thank you Professor. I am making good use of your lecture--by talking about it.

Aldrich's avatar

fund shortage with general revenue

Eugene's avatar

viewpoints on how it can remain sustainable in the future. Even if people disagree on the solutions, thoughtful discussions like this are valuable. By the way, I recently came across https://22-bet.edu.gr/ while browsing online.