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MyRAs — the New Social Security?
The president has proposed a new type of retirement savings account. It would be an individual account, guaranteed by the government, offered through employers and available to lower income workers to give them security in retirement. What a creative idea! It sounds so familiar. Wait… we already have that account: It’s called SOCIAL SECURITY! In fact, that’s exactly how Social Security was promoted when it was enacted in 1935...Read More
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