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Coronavirus could push Social Security to insolvency before 2030

vegas giants said:
In general today a state public sector pension is generally better than a 401k
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I don't really know that, but most people aren't employed by the government....yet.
 
vegas giants said:
Read slowly


That a state public sector pension is generally better than a 401k
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Better yet, clarify what you are saying. Are you inferring that everyone regardless of how they are employed should receive a pension provided by their State government?
 
Individual said:
Better yet, clarify what you are saying. Are you inferring that everyone regardless of how they are employed should receive a pension provided by their State government?
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Yes..
 
Individual said:
You need to provide some in depth details of how you think that would work before I could even begin to try and comment on it.
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The federal government could convert social security into a true pension by tripling benefits and fica taxes
 
vegas giants said:
The federal government could convert social security into a true pension by tripling benefits and fica taxes
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That's how you show in depth details of your plan?
 
vegas giants said:
Clearly it would not apply to the already retired
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And why not?

Clearly, that was not mentioned in your in depth details.

But even so, I would take advantage of the consequences brought to bear on everyone as a result.
So when will this change take place?
 
Individual said:
And why not?

Clearly, that was not mentioned in your in depth details.

But even so, I would take advantage of the consequences brought to bear on everyone as a result.
So when will this change take place?
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Next week. Stand by. Lol
 
ttwtt78640 said:
SS is currently "means tested" by subjecting the SS supplemental retirement benefits to federal income taxation based on the amount of their other income.
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Yes. And I wouldn't want SS payments increased for higher incomes if the tax caps were lifted that keeps higher incomes from paying more in SS tax as it is now.
 
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