It makes sense if you think about it (assuming my thoughts are correct, I’m in the US). If you’re employed, you are contributing through your taxes. Just because you’re unemployed, it doesn’t mean your contributions pause. Now, should they? That’s a good question, but the current implementation makes sense. I imagine it does incentivize people to look for employment.
It makes sense if you think about it (assuming my thoughts are correct, I’m in the US). If you’re employed, you are contributing through your taxes. Just because you’re unemployed, it doesn’t mean your contributions pause. Now, should they? That’s a good question, but the current implementation makes sense. I imagine it does incentivize people to look for employment.