2 Big Reasons Social Security Helps Typical Americans More Than the Rich
Social Security retirement benefits are available to everyone who works for a sufficient number of years, regardless of whether they're high or low earners. And these benefits are earned, which means you only get them if you pay into the system that funds them.
But, despite the fact Social Security is a universal benefit, it actually helps out typical Americans more than the rich when it comes to being prepared for retirement.
Here are two big reasons why this program is so much more beneficial to the average person than to someone who has a very high income over the course of their career.
Source Fool.com
