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How To Protect Your Social Security Benefits From Gov. Christie

What are you going to do about Gov. Chris Christie’s plan to balance the budget by confiscating your Social Security account? Don’t shrug it off as politically impossible. This kind of trouble has been brewing for a long time, and someday, probably within a decade, something awful like this will be enacted. It’s not too soon to think about defensive measures. The governor/presidential aspirant wants to phase out benefits for retirees making $80,000 to $200,000 and eliminate them for those above that range. It sounds utterly radical, but in fact it is not radical at all. It’s a continuation of a long tradition of taking money from frugal people on the theory that they don’t need it. Read more…

 

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