Democratic congress gives 401k to Social Security? - inflation adjusted annuity
"The Congress should allow workers to swap out to their 401 (k) assets for guaranteed pension for government bonds, suggested Teresa Ghilarducci, an economics professor at the New School for Social Research in New York.
When workers collected Social Security, the guaranteed retirement account would pay an inflation-adjusted income under his plan. "
The current system of providing tax breaks on 401 (k) contributions and earnings would be eliminated.
The money in turn would be invested in special government bonds that pay 3% per year, adjusted for inflation.
It would be administered by the Social
http://genxfinance.com/2008/10/16/did-yo ...
Saturday, January 16, 2010
Inflation Adjusted Annuity Democratic Congress Gives 401k To Social Security?
4 comments:
Replace your 401K for a state pension. I put more than one answer to say that giving money to the government to provide means to invest in government bonds that the government spends money and leaves and will instead pay of it. The same pyramid scheme that we are currently with the Social Security. In addition, you pay 5% annually in this pyramid scheme, due to the deficit financing of a few years ago and swelling in the amount of money for the taxpayers too much.
No Social Security and such plans are nothing more than cut back the welfare of the government. Ever wondered why the Social Security program is called directly, and if they are to be paid throughout their working lives? If you pay the money into a 401K, it is true or a part of your property?
2 Members of the Congress of Democrats pushing this. If this option is considered in the light of the promise not Obama's rise, taxes and strengthen retirement, it is clear that their promises, what I say from the outset. Just ReachAcquisition of lies. This is given only a little more good, for a government program. I lost my party of 6% in exchange for a fee of $ 600.00 for the life of the government loan.
Thanks, but no, thanks. I'm really not that stupid.
Given the performance of my 401 (k) account in the last few months I'd like to have the opportunity to change.
This means that no more answers to the company ... My company matches dollar for dollar ... 3 percent interest .. I am now in the insurance industry 6percent ground ... Who could go in their mind that for
very bad idea.
At a growth rate of 3% in your 401k, invest in options GIC.
Post a Comment