After my Medicare premium increase last year was deducted I received a net 1% increase from Social Security to deal with last year’s transitory inflation.
Does anyone know of a calculation that shows the comparison if the money taken out of our checks were invested in the S&P 500 and not just kept by the government?
I keep wondering if I’d be way better off. I thought Corpus Christi did this for their employees but that was quite a while ago.