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Pretty much anyone who wishes to replace the Social Security insurance program with an Individual Risk investment program will be invited back for a second interview. Anyone who has insisted that we should simply abolish Social Security is pretty much already in the club. With 40% of singles and 20% of married couples who receive SS benefits currently relying on those benefits for more than 90% of their total income, it's a rather safe bet that absent those benefits, decent numbers will just be tossed out on the street in their old-age and/or disability. That certainly was the common practice prior to the enactment of Social Security, and it happens too often today even with SS programs in place for a significant increase to be doubted. So unless these SS-opposers have some sort of Plan-B backup to offer (most don't), it is all but a statistical certainty that these folks have indeed reached the point where they can just toss people out in the street, and that was the original premise, wasn't it...
Pretty much anyone who wishes to replace the Social Security insurance program with an Individual Risk investment program will be invited back for a second interview. Anyone who has insisted that we should simply abolish Social Security is pretty much already in the club. With 40% of singles and 20% of married couples who receive SS benefits currently relying on those benefits for more than 90% of their total income, it's a rather safe bet that absent those benefits, decent numbers will just be tossed out on the street in their old-age and/or disability. That certainly was the common practice prior to the enactment of Social Security, and it happens too often today even with SS programs in place for a significant increase to be doubted. So unless these SS-opposers have some sort of Plan-B backup to offer (most don't), it is all but a statistical certainty that these folks have indeed reached the point where they can just toss people out in the street, and that was the original premise, wasn't it...
So, you are suggesting that there were more people living in the streets before SS was enacted than there are now? Where did you get these statistics? The Great Depression doesn't count.
Pretty much anyone who wishes to replace the Social Security insurance program with an Individual Risk investment program will be invited back for a second interview. Anyone who has insisted that we should simply abolish Social Security is pretty much already in the club. With 40% of singles and 20% of married couples who receive SS benefits currently relying on those benefits for more than 90% of their total income, it's a rather safe bet that absent those benefits, decent numbers will just be tossed out on the street in their old-age and/or disability. That certainly was the common practice prior to the enactment of Social Security, and it happens too often today even with SS programs in place for a significant increase to be doubted. So unless these SS-opposers have some sort of Plan-B backup to offer (most don't), it is all but a statistical certainty that these folks have indeed reached the point where they can just toss people out in the street, and that was the original premise, wasn't it...
Ah, we want SS and private accounts for our money.
We're just as greedy as all get-out about our own taxes. We want the whole enchilada, amigo. Just like the Feds get:
The Fed system is a come-from-behind reflection of what the private sector has. Current FERS plans (covering everyone hired since 1983) offer a peanuts pension, Social Security, and a 401-k equivalent. You seem to think this represents some cushy sort of arrangement that private sector employees do not have access to...
The Fed system is a come-from-behind reflection of what the private sector has. Current FERS plans (covering everyone hired since 1983) offer a peanuts pension, Social Security, and a 401-k equivalent. You seem to think this represents some cushy sort of arrangement that private sector employees do not have access to...
Everyone has access to a 401k?
When did they happen?
(Shouting out at cornfield): "Ola, Manuel! Buy Cisco Systems!"
Pretty much anyone who wishes to replace the Social Security insurance program with an Individual Risk investment program will be invited back for a second interview. .
No one has suggested "replacing" Social Security with a totally different program -
Complete fabrication on your part - why do you do that?
Well, he has a certain flexibility. "Choice", we call it. Lots of people insist on it.....
Ah, a Cafeteria Plan then. Doesn't sound like you'll have much to worry about re the discrimination testing, but do be sure to explain forfeiture and get that Form 5500 filed on time...
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