A friend who opted to take early Social Security benefits at age 62 last late last year was aghast when he recently found out that half of his benefits might be withheld and 85 percent of his benefits might be subject to taxation. An exploration of why these things are true reveals the true nature of Social Security.The true nature of Social Security is that it is an intergenerational, income-transfer, wealth-redistribution welfare program that takes money from Continue Reading
Source: The True Nature of Social Security Revealed – The Future of Freedom Foundation