10:00 pm, April 20, 2015

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  • Increase FICA
    ben
    Best idea I've seen is a one time raise in the SS ceiling by $25,000 and then continue with the inflation factor, as usual.
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  • Increase FICA?
    Moderate
    See previous comments. Not sure if that is so good as the pay outs would be increased also. You may be right, but we need a statistician for the answer.
    worker
    { "Agree":"1","Funny":"1","Insightful":"1","Disagree":"-1","Offensive":"-1","Troll":"-1" }
  • Increase FICA
    smooth811
    The point is to increase the FICA BUT NOT THE PAYOUT, so as to sustain FICA.
    { "Agree":"1","Funny":"1","Insightful":"1","Disagree":"-1","Offensive":"-1","Troll":"-1" }
  • Increase FICA
    Moderate
    The point is that the payouts are based on your average salary that you are taxed on. Social security is a defined benefit plan for the most part.
    worker
    { "Agree":"1","Funny":"1","Insightful":"1","Disagree":"-1","Offensive":"-1","Troll":"-1" }
  • Diet COLA
    smooth811
    If everyone agrees that reform of Social Security and Medicare is necessary if these programs are to continue, then I maintain that between the reform options of diet COLAs, decreased benefits, increased eligibility age, or a somewhat more employee contribution, the somewhat more employee contribution is best. With increases kicking in only above $50K, the "lower-income" folks are spared the additional cost and the higher-income folks on average wouldn't pay more than $500 - $1,000 per year, as I don't foresee the increased contribution percentages being that gteat. Not terribly unfair if those same folks expect Social Security and Medicare to be there for them when they are eligible.
    { "Agree":"1","Funny":"1","Insightful":"1","Disagree":"-1","Offensive":"-1","Troll":"-1" }
  • Fiscal Cliff and Seniors
    evaristeisaac
    I found your article informative and scary to me as a 27 year retired gov't. Secretary. I have to live on a $,1400/mo. or so pension, plus $207 in Social Security which I earned with my 40 quarters. I just got my SS notice that my new Social Security check for 2013 will be $208/mo., so I am getting a whole dollar - isn't that special. I am just lucky that I live in a Co-op Housing Development where I can afford the rent, otherwise I'd be on the streets beggins as a woman of 67 with medical issues.
    { "Agree":"1","Funny":"1","Insightful":"1","Disagree":"-1","Offensive":"-1","Troll":"-1" }
  • { "Agree":"1","Funny":"1","Insightful":"1","Disagree":"-1","Offensive":"-1","Troll":"-1" }