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The Beginning of the End of Social Security As We Know It
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Social Security
The Beginning of the End of Social Security As We Know It
<font face="arial, helvetica, sans-serif" size="1"><div>You worked hard for it. Now talk to others on how to save Social Security.</div></font>
LATimes Payroll tax cut undermines Social Security's security Very interesting article - Now why did our Representatives in Washington decide to do it THIS way?? Not that I am not grateful since my k
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Cat:7a9899c6-bb01-48a5-bd56-e73d9d7e3998Forum:17f83b76-a805-4002-b497-6dbb421b0b8a
Cat:7a9899c6-bb01-48a5-bd56-e73d9d7e3998Forum:17f83b76-a805-4002-b497-6dbb421b0b8aDiscussion:9261adc9-12dd-463d-9e58-22ef49769b0e

Forums » Work & Retirement » Social Security » The Beginning of the End of Social Security As We Know It

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Forums  »  Work & Retirement  »  Social Security  »  The Beginning of the End of Social Security As We Know It

The Beginning of the End of Social Security As We Know It

posted at February 19, 2012 3:40 PM EST
Posts: 1923
First: November 27, 2011
Last: May 18, 2013
LATimes Payroll tax cut undermines Social Security's security

Very interesting article -
Now why did our Representatives in Washington decide to do it THIS way??

Not that I am not grateful since my kids (daughter and son-in-law) who both make over $ 110,100 a year will get this $ 2,200 tax break EACH - That is $ 4,400 for their family.  Others don't get that much. 

So at the end of this year, whomever has to reinstate this tax will have some decisions to make - should it go back into the SS fund or will this 2% be diverted for younger workers into some private, "individualized" accounts with a host of other tax reform legislation.

Very interesting article, indeed.

Forums » Work & Retirement » Social Security » The Beginning of the End of Social Security As We Know It