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No. of Recommendations: 16
"How much of the 2% increase in Social Security benefits will a retiree actually see?"

All of it - less applicable taxes?

Currently 85% of SS is taxable at whatever rate applies to your income. (Unless you are low enough income that no taxes apply).

I don't see an issue here and heartily approve of having the over $400K crowd pay into the fund.

Taxes are how governments get the money to provide their services.
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