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The “Slippery Slope” of Means Testing Social Security
Morningstar.com’s Christine Benz and regular contributor Mark Miller discuss a series of common questions about Social Security in this transcript posted today on their website. The points addressed range from investment strategies to the age old question of “When to file,” and include an interesting perspective on the progressive notion of “means testing” Social Security benefits. Acknowledging that the program already contains some degree of “means testing,” Miller sums his concerns up with this statement: “… as soon as you start talking about doing more means testing, you are on a slippery slope away from our conception of Social Security as a universal earned benefit program.” (Note the use of the term “earned benefit” as opposed to the unfortunate term “entitlement” so often used to inflame public opinion about both Social Security and Medicare.) Check out the full transcript of the interview here…
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