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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: stuffbug who wrote (19984)8/20/2024 9:33:29 AM
From: Kirk ©  Respond to of 26475
 
After a certain income, your benefits are capped. I'm not sure what level that is, but I remember calculating it before where the benefit goes up much slower than your contribution. So, for "moderate income" earners, it is both a tax and prepaid benefits.

This is different than true pensions in for public workers in blue states where the benefits are not capped.