Thursday, March 31, 2005

Social Security Plan Meets Doubt in Iowa (washingtonpost.com)

Social Security Plan Meets Doubt in Iowa (washingtonpost.com): "Unlike the current system, the money built up in private accounts could be passed onto family or friends if the worker dies before or after retirement. "

That's half truth at best. You can pass on funds ONLY if your financial picture is strong enough to avoid having your retirement funds turned into an anuity.

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