Describes the Ponzi scheme younger workers support through forced payroll deductions. Because these deductions reduce their income, they are less able to save for their own retirement.
Heather: Last year I paid 5K into social nonsecurity!
Chad: That blows, you could have fully funded your Roth IRA.
Prices shown in USD.
Type your email address below to get our free Urban Word of the Day every morning!
Emails are sent from email@example.com. We'll never spam you.