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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: RetiredNow who wrote (213726)12/21/2004 5:03:46 PM
From: Road Walker  Read Replies (1) | Respond to of 1578289
 
re: The only way to stem this kind of abuse is to tag contributions to a personal account and tag payout to that same account. Then when the personal account is emptied, payouts end...

and the retiree dies of starvation or exposure.

I think you have something there...

John



To: RetiredNow who wrote (213726)12/21/2004 5:06:07 PM
From: TigerPaw  Read Replies (1) | Respond to of 1578289
 
The reason why is that payouts aren't tagged to the contributions via a personal account.
Neither is my house insurance.
That is why Social Security is but one leg of the three-legged stool of retirement. It will not help you to ditch this benefit for a duplicate of another benefit you already have.

TP