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Questions tagged [social-security]

The retirement and disability program of the United States of America. May be used for similar programs in other countries. Not for use with questions unrelated to retirement or disability that might involve some kind of security.

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381 views

How do social security payments compare to investing the same amount of money in treasury bonds?

Social security tax is about 12% of income. The average income in 1950 was about 3k adjusted for inflation. If someone in 1950 worked a full career (30 to 65) and invested at a typical 10y treasury ...
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3answers
196 views

Can the derivatives market save social security?

My understanding of economics is that there are different investment possibilities for cash, versus a derivative based investment. I think that funds from social security are either used to pay out ...
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2answers
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What voting majority is needed to present and pass cryptocurrency smartcards for social security in a ballot vote? [closed]

In the United States, upgrading Social Security cards to "smartcards" with US Treasury regulated cryptocurrency and voter identification features presents a plausible argument for legislators. With ...
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2answers
269 views

What is the real cost of unconditional basic income for germany compared to social spending

I would like to know if the idea of a basic income of 1000€ per person each month is more costly than the system we currently have in Germany and how much it would differ presumably. In Germany we ...
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3answers
725 views

Will basic income necessarily be a government initiative?

Discussions around a basic income usually presuppose that government will necessarily have to provide this benefit. I am aware of charities such as GiveDirectly who run trials conducting ...
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1answer
91 views

Social Security and the impending default

Senior citizens are a very active political group. How long would the government have to be in default before social security payments are delayed.
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2answers
241 views

Would Privatizing Social Security “Solve” Occupy Wallsteet?

The Democrats oppose privatizing Social Security because it wouldn't be fair to those who have already given money into the system. The Occupy Wallstreet movement was founded on the rich having a ...
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1answer
67 views

What was the legal justification for H.R.2419 (protection of social security)?

As per "42 USC § 401 - Trust Funds": (h) Benefit payments Benefit payments required to be made under section 423 of this title, and benefit payments required to be made under subsection (b), (...
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5answers
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Do people who never paid FICA taxes get paid Social Security when they retire?

From @Chad's comment: It is how SSI works. There are some exceptions for people with disabilities where they receive money based on what they could have contributed, but yes you have to contribute ...
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1answer
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Can Social Security in USA be funded outside of FICA taxes?

Social Security is primarily funded through dedicated payroll taxes called Federal Insurance Contributions Act tax (FICA). (src: Wikipedia) Is there anything in the law (or a court finding) that ...
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3answers
604 views

How does the Social Security Work in United States?

There are political discussions in USA regarding whether Social Security is maintainable over time. I want to know how the Social Security System works in United States, and what the basis is of the ...