Re: Refresher Course on Social Security
- From: "California Poppy" <GoldenStatePoppy@xxxxxxx>
- Date: 8 Mar 2007 13:29:52 -0800
I am still working part-time for a city rec & park department. They
have their own retirement program rather than SS, which is what I
think all should be. I was given 19 choices of mutual funds. They
are labeled as growth, income, and stability. We were given their 3-
year average % increase. I chose a Conservative Growth Lifestyle
Fund for 50% of my retirement and a Core Bond Fund for 50%, but I
could have chose any fund and any percentage, and I could change any
year. This is what should be available for everyone.
As to health care, it would not be difficult to mandate a catastrophic
health care policy for everyone, just as we mandate vaccinations for
school children or insurance for car licensing. A catastrophic policy
could kick in at something like $5000 so no one would go into enormous
debt should they have major medical problems. HSA's are tax
deductible and can be used for every medical expense such as aspirin,
a cane or prescription meds.
.
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