Webinar | Ever Wanted to Ask an Economist About Retirement?

[@larriveeman]

the "rich" get most of the income because most earn it, having said that here are my suggestions: Congress needs to change a few things in SS, no increase for taking after FRA for anyone making more then 100K ( from SS, pensions, investments ect...), raise FICA taxes 1-2% on those making more the 250K, raise 3-4% FICA taxes on those making 400K, end the earnings limit for FICA taxes. Raise retirement age for those under 30, no more choosing between ex husbands SS if remarried. For those making 250K or more in retirement they would only receive the FRA amount capped at the maximum FRA that was set in 2025 ( with COLA increases).

[@larriveeman]

what does your guest define specifically as "rich"

[@larriveeman]

she is incorrect about TSP, the employee chooses which funds to invest in, also when someone says the "government" will do such and such, its our tax money that is used which means an increase budget deficit and debt, we have to quit spending.