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How do pri vate accounts work, how is your paycheck taxed with this sysytem?


or im looking for someone to juts tell me if i'm right. this is what i think happens, they let you take 4% out of the original taxes that are already taken from your check. somebody give me some feedback. i would really appreciate it

this was not enacted by congress. The 4% you are referring to is Social Security with holdings they were going to allow you to self direct for your own retirement. I urge you to save it any way in a ROTH I.R.A..
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