Social Security would work if it was on simple basics. I put in 6.2% my employer puts in 6.2% and when you retire you get a lump sum tax free of whatever was put away over the course of your lifetime of work.
How would you handle inflation in this scheme? Just asking.
As stated, when you retire you get the lump sum. Spend it however you want, invest it or whatever but that’s. It’s not the governments job to help you make it through life. That’s your job.
53 posted on 04/07/2013 5:55:50 PM PDT by maddog55
(America Rising.... Civil War II)