Should Your 401(k) Be Eliminated to Save Social Security Benefits?

[poopy]

Faulty analogy and you’re on block.

 

[schizo]

Re: 401k vs SS. The problem is that you pay SS now to support the old guys today and in the future the young generation will pay SS to support you. that’s the scam.

The real scam lies with the medical community. There are way too many third-rated med schools churning out too damn many incapable doctors, who end up getting sued year after year. So that needlessly brings up the medical insurance for everyone. Then there are the Big Pharmas. Do they even need an intro? Everyone knows they're a pack of thieves. Like why is the same medication that you can get for $20 in Canada costs as much as $200 here in the US? There's something really fucked up with this country.

So, before we fix the SS, we should first fix the real problem, which is the medical community itself.

 

[schizo]

SS needs to be a VOLUNTARY insurance program. And if you opt out of SS, you cannot realize SS benefits.

To appease the pensioners...If you although contributed to Medicare separately, you get those benefits upon retiring.

As others said, SS is like a Ponzi scheme. Once you give people the option to bail out, the whole system will crumble.

 

[SunTrader]

As others said, SS is like a Ponzi scheme. Once you give people the option to bail out, the whole system will crumble.

The common good its called.

Is mandatory minimum car insurance a Ponzi scheme? I sure don't want someone on the road who is not insured, or if they chance it and get caught have to pay up.

 

[engineering]

Scam or not (I say not) just let the powers that be try to take SSI benefits (not entitlements) away from anyone retired or anywhere close to it.

And that would include D's, I's and R's. Bi-partisan outrage this country has never yet witnessed.

You don't need to take it away, just allow a phase out/opt out.
Imagine if making a 10% 401k contribution allowed one to redirect their SS contribution into their 401k.

As for "taking it away" how much debt that supports SS have Biden "forgiven" without a peep from the AARP et al?
Most people are too ignorant to even know they were robbed.

 

[SunTrader]

You don't need to take it away, just allow a phase out/opt out.
Imagine if making a 10% 401k contribution allowed one to redirect their SS contribution into their 401k.

As for "taking it away" how much debt that supports SS have Biden "forgiven" without a peep from the AARP et al?
Most people are too ignorant to even know they were robbed.

Wake up, smell the coffee. Your imagination is running away from you. Talk about ignorant.

Ain't gonna hapn.

 

[smallfil]

When enough people switch to Roth, there will be a switch to a consumption tax, which will cause people to pay more taxes on money that was supposed to be tax free. The government is always concerned with taxes and no concern with continuous massive spending that has no connection with peoples taxes so it is considered "free money".

The politicians will always find ways to tax the average American. Average Americans who vote for these politicians repeatedly, and keep them in power are the problem. They are committing financial suicide but, ignorant to the fact.

 

[engineering]

The common good its called.

“Necessity is the plea for every infringement of human freedom. It is the argument of tyrants; it is the creed of slaves.”

As for car insurce, illegal immigrants drive around all the time without insurance and I have yet to see the left complain about it let alone actually do something.

 

[SunTrader]

“Necessity is the plea for every infringement of human freedom. It is the argument of tyrants; it is the creed of slaves.”

As for car insurce, illegal immigrants drive around all the time without insurance and I have yet to see the left complain about it let alone actually do something.

As I also said ".....or if they chance it and get caught have to pay up."

And it is the courts, traffic court, in this case to do something about it. And they do.