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Social Security payments are progressive but have no fixed limit, so those paying 10X or 100X would also receive higher payments.
by votepaunchy 6y ago
Social Security payments are progressive but have no fixed limit, so those paying 10X or 100X would also receive higher payments.
- valuearb 6y agoYou can easily reach the hard cap on future SS payments while earning barely more than the median pay in the US during your career. So every dollar you contribute above that earns you nothing. Someone who contributes 100x gets nothing for that.