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Don't look now, but Social Security's trust funds are vanishing
Washington Examiner ^ | 04/27/2012 | Veronique de Rugy

Posted on 04/28/2012 4:36:33 PM PDT by SeekAndFind

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To: jrp
If they’re going to cut the retirement income they’ve promised everyone (I know it’s a Ponzi scam, but they pretend it’s not, so I will to), how about letting some portion of IRA/401k funds be withdrawn tax-free to compensate?

If you want tax free withdraws, then you need to contribute to a Roth IRA or a Roth 401K if your company offers it. That said, there is no guarantee that politicians of the future won't reverse course and tax the crap out of it..

41 posted on 04/29/2012 6:15:09 AM PDT by EVO X
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To: SeekAndFind

No social program is going to be slashed , ever. The value if the money you receive will continue to lose value due to the nature of deficit spending and fiat currency. It results are the same, except with inflation, no voting is required and it is the easy way out for the pols.


42 posted on 04/29/2012 6:24:29 AM PDT by central_va ( I won't be reconstructed and I do not give a damn.)
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