Sunday, February 7, 2021

Investments from Mandatory and other Payroll Deductions for Ultimate Payout

The mandatory and other payroll deductions that companies/employers collect from employees should not sit idly for distribution. Imagine how impactful these funds or a portion of them could be if invested in the stock market for the purpose of aggrandizing the ultimate payout of FICA (Social Security and Medicare), federal and state income tax, insurance (life, health, dental, vehicular...), etc...

Participants could cash out a portion or all returns on their investments from federal and/or state income taxes each tax season and each would secure either or both a lump sum payment or substantial incrementation of their distributed monthly Social Security benefits at retirement age. The stated would serve those with and without traditional retirement accounts.

A conservative portion of funds from those receiving monetary government benefits could additionally be invested for ultimate payout to specified beneficiaries in addition to or in lieu of payout from any life insurance policies when appropriate.

Imagine the sum of capital participants could accrue from their very first to their very last job. The prescribed initiative would therewithal provide many existent and forthcoming businesses with substantial financial support and fortify our economy beyond imaging.           

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