Booth was no newcomer to the anti-privatization fight, having helped to launch the New Century Alliance for Social Security in 1998, which pledged «to protect Social Security from schemes that «privatize» America's retirement system by reducing guaranteed benefits to
fund private investment accounts.»
Individual investors can use the unique information provided by Alpholio ™ to identify top - performing actively - managed mutual funds and to determine the performance of their
own private investment accounts.
Most privatization plans, like the one just described, involve four basic elements: a promise to retirees and older workers to pay all or most of the Social Security benefits they have earned; a cut in benefits to younger workers; a diversion of Social Security payroll taxes for younger workers
into private investment accounts; and increased federal borrowing to offset the diversion of taxes into private accounts.
It's pretty common knowledge that investing in your 401 (k), IRA, and
private investment account should be a fundamental part of your financial and retirement planning.
Secondly, if your peers are earnings returns through their 401 (k) or
private investment accounts, then relatively speaking, they are growing their wealth while yours remains stagnant.
Develop investment strategies that produce targeted rates of return while limiting risk in both their retirement plans and private investment accounts
Just 3 days after he left office, he was charged with funneling Oklahoma retirees» money to
private investment accounts.