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Politics : Ask Michael Burke

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To: Dale J. who wrote (58171)	4/29/1999 11:14:00 PM
From: RealMuLan	Read Replies (1) of 132070

About the social security reform,these politicians can never fail to amaze me. My question is what if an individual investor lost most of his/her account. Would they still have the social security pay check? biz.yahoo.com <<Under Bill Archer's plan, individuals would manage the accounts, investing from a menu of government-approved options. Upon retirement, they would turn the account over to the Social Security trust fund. In return, they would either get their monthly benefit check, or if their account was high-value, they would get a lifetime annuity paying them more per month than the basic benefit. >>

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