2013 Update: Social Security and Medicare Taxes, Benefits


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No major Social Security policy changes have shown since the last update. However, there's a slower growth in Medicare's total benefits.

The numbers documented in the Urban Institute's report are averages for hypothetical workers with specific work histories and longevity characteristics. The lifetime benefits and taxes experienced by households will vary based on numerous factors such as income, health, marriage choices, divorce, children, and retirement.


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