Quote:
Originally Posted by PersianKitty
. One.. it provides the owner with contributions to both social security and federal withholding which allows for SS payments when you retire and reduces the quarterly estimated payments for personal income tax.
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That's a pretty lame incentive.
The amount you put into SS is obviously not what you're going to be getting back. You're much better keeping that money and investing it yourself.
Put in the bare minimum to SS humanly possible and pray there actually is a SS system when it's time to retire.