Talk of The Villages Florida - View Single Post - Social Security 2023 COLA to be announced Oct 13th
Thread: Social Security 2023 COLA to be announced Oct 13th
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Old 10-13-2022, 09:46 PM
kkingston57 kkingston57 is offline
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Quote:
Originally Posted by jdulej View Post
If we ever get people in the government with some bal**, it can easily be fixed with no reduction in benefits. Start with removing the cap on paying into SS. Anyone making enough to hit that cap should not really need it (I was one, it was just a nice bonus).
Even if they reduced the % people paid when they reached the cap it would help. For example if the cap was at $150,000 people would only pay 2% for any income over 150K.