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However you celebrate, we wish you a wonderful holiday season and coming new year – from the staff here at the Squared Away blog at Boston Colleg…

Abstract Social Security’s Trust Fund is projected to run out in 2034. As policymakers consider restoring financial balance to the program, one topic that may be discussed is how to structure any tax increases. Understanding why Social Security requires a higher payroll tax than a funded retirement program for a given level of benefits is…