[Steve Schulin]

And thanks to many folks who posted to thread started a few days ago, Question about Social Security Benefit Increases

[grobdriver]

There is only one investment option, a Treasury savings bond

Sounds like an effective takeover of retirement accounts (for those who choose to take this option) to me...
No thanks.

[Buckeye McFrog]

How Retirement Benefits Will Change in 2017

Bernie Sanders will get elected and name Theresa Ghilarducci as Treasury Secretary. They’ll implement her grand scheme to confiscate all IRA’s and 401K’s and roll them into a big national “guaranteed” pension plan. This will allow them to bail out all of the bankrupt union and public employee pension funds, while simultaneously making the US Government the biggest shareholder in all corporations.

Simultaneously they will increase Social Security benefits by applying payroll taxes to all levels of income and slapping a transaction tax on Wall Street.

[moovova]

And, it’s a Roth IRA, so you don’t get the tax deduction that you’d get with a Traditional IRA. No deduction and a lousy return.

[exnavy]

Bump

[freds6girlies]

bookmark

[sparklite2]

This is the senior editor
at USN&WR who wrote
the article.  Looks like
they're gettin' 'em
right out of grade
school.