ellenfl
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Fri Mar-25-05 10:34 PM
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http://www.commondreams.org/headlines05/0325-04.htmi guess the social security admin is not on board with bush's plan. ellen fl
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Gold Metal Flake
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Fri Mar-25-05 11:32 PM
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"In a Q. and A. on the agency's Web site meant to explain the retirement program, there is this exchange, which has apparently been there for years:
"Question: I think I could do better if you let me invest the Social Security I pay into an individual retirement plan (I.R.A.) or some other investment plan. What do you think?"
"Answer: Maybe you could, but then again, maybe your investments wouldn't work out. Remember these facts:
Your Social Security taxes pay for potential disability and survivors benefits as well as for retirement benefits.
Social Security incorporates social goals - such as giving more protection to families and to low-income workers - that are not part of private pension plans; and
Social Security benefits are adjusted yearly for increases in the cost of living - a feature not present in many private plans." "
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Fri May 10th 2024, 11:31 AM
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