really-looney
(330 posts)
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Wed Feb-02-05 10:59 PM
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Can someone please help me here, I thought we already had private accounts. They are IRA's,401k's, 403b's, anyone can contribute, they are voluntary, it seems we already have what the pResident wants, private accounts
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Sydnie
(1000+ posts)
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Wed Feb-02-05 11:01 PM
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1. but he wants to decide what funds get your investments |
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rather than you picking the vehicle.
Just more ways to line his buds pockets.
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WillowTree
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Wed Feb-02-05 11:01 PM
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....wants to do is to allow people to place a percentage of their regular SS contributions into such an account rather than putting it into the SS system itself--
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Psephos
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Wed Feb-02-05 11:02 PM
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3. The reform plan is to divert some of the 12.4% SS payroll tax |
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IRAs, 401Ks, etc. are not funded with a payroll tax, as Social Security is.
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really-looney
(330 posts)
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Wed Feb-02-05 11:07 PM
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6. Sounds like personal ownership to me |
alcuno
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Wed Feb-02-05 11:02 PM
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4. We do. And 50% of Americans have NO pension plan from their work. |
BlueEyedSon
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Wed Feb-02-05 11:02 PM
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5. Wassamatta, don't you want ONLY private accounts? They're BETTER. |
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Sun May 05th 2024, 05:58 PM
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