Alert
Close

Take AARP’s Smart Driver course and you could save money on your car insurance. Learn more

AARP's Social Security Q&A Tool

Do my Social Security contributions go into a personal retirement account for me and earn interest?

En español | No. Social Security operates under a modified pay-as-you-go system, which means that today's workers' contributions generally pay the benefits of current retirees.

Contributions that are not needed to pay current beneficiaries remain in trust funds.  When today's workers retire, their benefits will be paid by the contributions of younger ones.

Tell Us WhatYou Think

Please leave your comment below.

submit a question to
AARP EXPERTS

Didn’t see the answer to your question? Help us improve the tool by submitting your Social Security question. Go

Jobs You Might Like

Discounts & Benefits

From companies that meet the high standards of service and quality set by AARP.

Woman sitting on sofa using laptop
membership adt

Small business owners save 20% on new installation of any new ADT security system.

Mujer en la parte de afuera de so negocio

Free quotes for members from the AARP® Small Business Insurance Program.

Member Benefits

Renew today! Members receive exclusive member benefits & affect social change.

Explore Your Learning Possiblities