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[Homestead] Social Security Chicago Trib quote or misquote?
- From: tvoivozhd <tvoivozd AT infionline.net>
- To: homestead AT lists.ibiblio.org
- Subject: [Homestead] Social Security Chicago Trib quote or misquote?
- Date: Sat, 05 Feb 2005 08:09:47 -0500
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.
- [Homestead] Social Security Chicago Trib quote or misquote?, tvoivozhd, 02/05/2005
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