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Want a sure way to lose money? Give it to government in the form of taxes. One tax that loses you money is the Social Security Tax. Years ago the Supreme Court ruled that Social Security is a TAX not an insurance plan.
"What we need to do is get rid of the long-term program,” Allison said of Social Security in an “Online With Terry Jeffrey” interview. "And the way to do that, even though it may create some short-term funding problems, would be to offer people privatized programs for retirement and effectively offer people under a certain age the option to get out of Social Security.”
Allison said he believed Rep. Paul Ryan’s (R.-Wis.) proposal to allow workers to put part of their payroll tax in a personal retirement account that they would convert into an annuity when they reached retirement age was a good practical solution for Congress to pursue on Social Security, but that personally he would like to see people entirely liberated from the entitlement program, letting them plan and save for their retirement free of government compulsion."
Here is the difference between a tax program like Social Security and a private retirement plan. SS can be cut or done away with--plus if you die too early your estate gets $250--period.
A private program is yours--and when you die the remaining money goes to your family--not illegal aliens or to pay off the debt.
Free our children from the tyranny of government theft of their retirement money. What do you think?
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"What we need to do is get rid of the long-term program,” Allison said of Social Security in an “Online With Terry Jeffrey” interview. "And the way to do that, even though it may create some short-term funding problems, would be to offer people privatized programs for retirement and effectively offer people under a certain age the option to get out of Social Security.”
Allison said he believed Rep. Paul Ryan’s (R.-Wis.) proposal to allow workers to put part of their payroll tax in a personal retirement account that they would convert into an annuity when they reached retirement age was a good practical solution for Congress to pursue on Social Security, but that personally he would like to see people entirely liberated from the entitlement program, letting them plan and save for their retirement free of government compulsion."
Here is the difference between a tax program like Social Security and a private retirement plan. SS can be cut or done away with--plus if you die too early your estate gets $250--period.
A private program is yours--and when you die the remaining money goes to your family--not illegal aliens or to pay off the debt.
Free our children from the tyranny of government theft of their retirement money. What do you think?
More...