this post was submitted on 14 Jul 2026
763 points (98.1% liked)

Work Reform

17078 readers
688 users here now

A place to discuss positive changes that can make work more equitable, and to vent about current practices. We are NOT against work; we just want the fruits of our labor to be recognized better.

Our Philosophies:

Our Goals

founded 3 years ago
MODERATORS
 
you are viewing a single comment's thread
view the rest of the comments
[–] Ajen@sh.itjust.works 1 points 3 weeks ago

As long as the withdraw rate is based on contribution rate it doesn't really matter what the cap is, because you'd be increasing withdrawal along with contributions. Social security income for someone who was making $185k/yr will be far more than enough to keep them out of poverty, which is the goal of social security. It's not meant to be people's only retirement account, it's a safety net.