7 social security myths
Feb. 4th, 2005 01:03 pman even handed, almost unbiased analysis:
http://www.fool.com/news/commentary/2005/commentary05020304.htm
Myth 1: Social Security is a savings account
Myth 2: These trust funds have money
Myth 3: That 2042 date means something
Myth 4: The system is "bankrupt"
Myth 5: Social Security is fine
Myth 6: Private accounts are the answer
Myth 7: Social Security will pay for a swell retirement
http://www.fool.com/news/commentary/2005/commentary05020304.htm
Myth 1: Social Security is a savings account
Myth 2: These trust funds have money
Myth 3: That 2042 date means something
Myth 4: The system is "bankrupt"
Myth 5: Social Security is fine
Myth 6: Private accounts are the answer
Myth 7: Social Security will pay for a swell retirement