Question of the Day

When you pay Social Security taxes, does this create a contractual obligation for the government to pay you Social Security benefits?

Correct Answer

Tell Me More

In 1960, the Supreme Court ruled that paying Social Security taxes does not create a contractual right to receive Social Security benefits. Per the Social Security Administration, "There has been a temptation throughout the program's history for some people to suppose that their FICA payroll taxes entitle them to a benefit in a legal, contractual sense. … Congress clearly had no such limitation in mind when crafting the law. … Benefits which are granted at one time can be withdrawn…."

DocumentationSocial Security MisconceptionsPersonal Ownership Proposals

Reload Question
Share via Facebook
Share via Twitter
Share via Email
Embed into your website
About the Fact App
Articles by Topic