3 upvotes, 1 direct replies (showing 1)
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A solution to this problem is to pass a law that says you don’t have to use the government’s savings plan, but you do have to have a plan. Money can be taken out of your check for a retirement plan. In the USA we have two types of plans with tax benefits: 401K and IRA. if the government passed a law that says you don’t have to put money into Social Security but that same amount has to go somewhere, then it could go into one of these plans. That would force a lot of people to save for retirement.
Comment by PurchaseWonderful536 at 04/11/2024 at 10:05 UTC
1 upvotes, 1 direct replies
Ohh I didn’t know that, that’s a nice system I would feel better doing something like that