Under 65 and expecting SS ?
On Sunday, August 2, 2015 at 8:19:14 PM UTC-4, amdx wrote:
I can only come up with 4 fixes, raise the retirement age, cut
benefits, increase FICA taxes and remove/increase the cap.
Cutting benefits, a political nightmare.
Increase taxes, rough but probably doable.
Raise the retirement age, doable.
Remove/increase the cap, doable.
Got any others?
Your thoughts.
Mikek
Give people the option to decline the amount of benefits they receive in exchange for a reduction in what they have to contribute while working.
Something like you can pay eighty percent of the usual while working, but you will only get 75% of the benefits you would get if you paid the full boat.
Dan
|