[Homestead] Social Security Chicago Trib quote or misquote?

tvoivozhd tvoivozd at infionline.net
Sat Feb 5 08:09:47 EST 2005


Chicago Tribune | Generational gap on Social Security plan 
<http://www.chicagotribune.com/business/chi-0502050179feb05,1,6101418.story?coll=chi-business-hed>




 The president is asking Congress to allow Americans born since 1950 to 
start investing as much as 4 percent of their Social Security payroll 
tax in the stocks and bonds of a government-managed Thrift Savings Plan 
for federal employees.


I have not heard this mentioned before from any other source---The 
Thrift Savings Plan for Federal Employees works pretty well---unlike the 
Chile Social Security System, it does not rip off 40% for management fees.




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