Have you noticed, your Social Security check is now referred to as a "Federal Benefit Payment"? The government is now referring to our Social Security checks as a “Federal Benefit Payment.”This isn’t a benefit – its earned income! Not only did we all contribute to Social Security but our employers did too. It totaled 15% of our income before taxes. If you averaged $30K per year over your working life, that's close to $180,000 invested in Social Security. If you calculate the future value of your monthly investment in social security ($375/month, including both your and your employer’s contributions) at...
