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re: The payroll income cap increases every year. Why is SS going broke?

Posted on 4/3/24 at 2:21 pm to
Posted by TigerSprings
Southeast LA
Member since Jan 2019
1590 posts
Posted on 4/3/24 at 2:21 pm to
quote:

just like any other insurance.


Not Whole Life Insurance, which SS is more like than Term..
Posted by La Place Mike
West Florida Republic
Member since Jan 2004
28873 posts
Posted on 4/3/24 at 3:18 pm to
quote:

Not Whole Life Insurance, which SS is more like than Term..


It's an Annuity. Amazing how many people do not realize that.
Posted by WildTchoupitoulas
Member since Jan 2010
44071 posts
Posted on 4/3/24 at 4:11 pm to
quote:

Whole Life Insurance

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