Sentences with phrase «social security taxes throughout»
The amount that you pay in Social Security taxes throughout one's working career is associated with the social security benefits that you receive later in life, but the amount you contribute will not equal the amount of benefits to which you have access.
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This article assesses future retirees» ability to cover basic expenses throughout their retirement, given their present savings and projected savings through tax - qualified retirement plans, participation in defined benefit pension plans, and Social Security benefits.
The «self - employment tax» replaces the Social Security and Medicare taxes that wage earners and employers pay throughout the year.