David K. Kelmer wrote:
Hi River,
I don't know why there hasn't been more discussion about SS but
I too have been following the plans to "fix" it. Social Security is a
retirement program; SSDI is an Insurance program. To take a couple of
trillion dollars out to start a 'Private Investment Account' may bring
a better return over time, but taking that much money out of any
program will hurt it. SS retirement is something that a person has the
time to plan ahead and be ready when they retire, while SSDI is
something that can't be planned out on because it is needed after an
unexpected life-changing accident. Unless SSDI is funded separately
there are going to be major problems in the near future, and everyone
on it should be informed about the proposed changes, and be in contact
with the people that represent them in Congress so they voices are
heard BEFORE their benefits are cut.
With Love,
CtrlAltDel aka Dave
C4/5 Complete - 28 Years Post
Texas, USA
The great thing I see happening from this is
that more americans will save more money. We have a very low
percentage of savers in this country compared to the other
industrialized countries.
I
sent something last week. Nobody seems too concerned on this list,
as no discussion followed the post.
here it is again.
I 've done an exhaustive search on this issue, even though I get state
retirement, not SS. This is what I've found, from the President's
Commission to strengthen Social Security. Looks like DIsability
benefits have been give short shrift in this discussion. We are merely
an afterthought. Some may see the language contained in this report as
inclusive and reassuring, however the language clearly states that the
issue of disability hasn't been well thought out and that no clear plan
has even been discussed. What is clear is that there is the intention
to separate retirement benefits from Disability benefits.
The
proposed
savings accounts will not be available for withdrawal upon disability.
If we are able to draw early from our
SS accounts, it makes sense that we should be able to access the
proposed personal savings account too
I've
t! ried several times to send this to the list but it won't go.
Here's the website and you then go to "reports" it will download the
commission's report.
http://www.csss.gov/
On Feb 4, 2005, at 4:00 PM, [EMAIL PROTECTED] wrote:
> How will the presidents plan affect our Social Security?
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