Quote:
Originally posted by sebastian_dangerfield
I wasn't saying the money was kept in a special place, just that the character of the money is technically "one's own". Of course SS cash is used elsewhere, but if you're lucky enough to receive SS payments someday, those benefits will constitute a repayment of what you paid into the system.
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That's how it's often sold, but not really what it is. Were it so, then it would be difficult to explain how the payout of current retirees' benefits have vastly exceeded what those retirees have put in.