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Message
re: Nikki Haley Says It’s Time to Raise the Retirement Age to Reflect on Life Expectancy
Posted on 11/16/23 at 11:08 am to Burt Orangello
Posted on 11/16/23 at 11:08 am to Burt Orangello
quote:
Are we talking about insurance or things like social security?
Social Security is an Annuity so it does fall under the Insurance umbrella.
1
Posted on 11/16/23 at 5:30 pm to La Place Mike
quote:
Social Security is an Annuity so it does fall under the Insurance umbrella.
Semantics. I'm talking about programs one voluntarily participates in vs. those that are compulsory. FICA withdrawals are a TAX, regardless of the "I" in the name. They are collected by the IRS and wage earners, with a few exceptions, can't opt out.
This post was edited on 11/16/23 at 5:31 pm
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