Social Security

From Personal Finance

This particular option applies to citizens of the United States only.

Currently this is funded through deductions from company paychecks. If you look at your paystubs, you should find a line item labeled FICA. Ideally, that money is being used to fund a pension that you will be eligible to received as early as age 62, depending on circumstances.

At present any number of adjustments to how Social Security should function are being discussed in Congress, as well as in the general public.

Privatized Social Security as an investment