No. of Recommendations: 3
"In addition to FICA contributions, Social Security receives the Federal Income Taxes on the first 50% of our Social Security benefits."


Only if you are in a high enough tax bracket to even owe any income taxes and that money goes to the Treasury, not SS accounts. Many retirees pay zero income taxes.....and up to 85% of SS benefits may be taxed for higher income retirees but is paid to the US Treasury and instantly spent on pork projects.


t
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