When you get your paycheck, Social Security taxes are among the numerous taxes that are taken each time and officials are reminding the public during this tax season where those funds end up.
While pride is not something that is the emotion that is felt if you notice those taxes, Jack Myers with Social Security contends, perhaps, it should.
While you're helping Americans receive benefits now, Myers also points, you are building up a quote-"safety net", for your future or the future of your family. He says circumstances arise like retirement, disability or death.
Studies project one in four of 20-year-olds today will become disabled before reaching retirement age and one in eight will die before they reach full retirement age.
Myers also points out Social Security can pay benefits to minor or disabled children with a parent who has died if a parent paid into Social Security and 98 out of 100 children could get benefits if a parent dies.
