To: Harmless Teddy Bear
So you’re giving up your social security and Medicare, I presume?
To: 9YearLurker
The SS and Medicare fall under moneys borrowed.
Since they can no longer borrow from those funds it should self fund from the SS and Medicare tax collected currently.
This is just income tax. I can not fix everything in one amendment. :)
10 posted on
04/19/2019 12:22:54 PM PDT by
Harmless Teddy Bear
(If you are going to be baked by a witch you might as well go out with a mouth full of gingerbread!)
To: 9YearLurker
BTW, I collect neither and would gladly give up future claims in exchange for being able to fund my own retirement and medical.
11 posted on
04/19/2019 12:25:16 PM PDT by
Harmless Teddy Bear
(If you are going to be baked by a witch you might as well go out with a mouth full of gingerbread!)
To: 9YearLurker
“giving up your social security”
The kids could give their money directly to their parents.
Before Social Security, the duplex was the US retirement funding vehicle of choice. A couple would buy two housing units and live off the rent of one in their old age.
Buy-to-let is the UK choice of private retirement funding.
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