tag:blogger.com,1999:blog-7767671.post6723746722141300589..comments2024-03-14T05:51:12.959-05:00Comments on Stolen Thunder: Will You Answer What Congress Won’t? The Top 20 Questions pt 6DJ Drummondhttp://www.blogger.com/profile/11583885371076583265noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-7767671.post-58019550385986125042007-11-04T14:35:00.000-06:002007-11-04T14:35:00.000-06:00I would add to Antimedia's comment by saying that ...I would add to Antimedia's comment by saying that those born after 2000 should not have the option of the old system and the employee portion instead should be part of a new system that is entirely based off of private accounts subject to some government oversight but that carry full asset rights and inheritance. The employer part would remain to help fund (it will not cover all expenses but will help) the old system, once there are none remaining that portion should either be abolished or contributed to the the employees private account.<BR/><BR/>BTW as for Question #7 - Sign me up for the FairTax.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7767671.post-70822668752987788512007-11-03T19:26:00.000-05:002007-11-03T19:26:00.000-05:00For those who will retire within the next ten year...For those who will retire within the next ten years, give them the option to take a lump sum payment that they can invest in whatever they like rather than depending upon the system to continue sending them payments.<BR/><BR/>For those who will retire within the next ten years who choose to remain in the system, use their lump sum payment to purchase an annuity on their behalf, which would pay them in perpetuity but would be dissolved upon their deaths.<BR/><BR/>For those who have more than ten years before retirement, allow them to begin investing in retirement accounts with half of the money they and their employers presently pay into the SS fund.<BR/><BR/>As the present retirees who presently depend entirely upon social security die, the demands on the fund would reduce proportionately. Once there are no remaining beneficiaries close the program out.Anonymousnoreply@blogger.com