How does Social Security work? What’s this about Social Security running out? All the details on the past, present, and future of Social Security are laid out in this easy to follow infographic.
I like the personal accounts idea, but it seems like it would only solve the problem for people who are young, not for people who are on their way to retire soon. Am I right?
Personally, I would give up all future benefits to not be taxed now. Maybe a mandate to invest in the personal accounts would be better. You should be allowed to take from the fund after it reaches a hundred thousand or something.
I like the personal accounts idea, but it seems like it would only solve the problem for people who are young, not for people who are on their way to retire soon. Am I right?
Personally, I would give up all future benefits to not be taxed now. Maybe a mandate to invest in the personal accounts would be better. You should be allowed to take from the fund after it reaches a hundred thousand or something.
Obama’s idea is dumb.