SENATE BILL: The Severe Disability Savings Plan Act (Law'd) (user search)
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  SENATE BILL: The Severe Disability Savings Plan Act (Law'd) (search mode)
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Author Topic: SENATE BILL: The Severe Disability Savings Plan Act (Law'd)  (Read 1165 times)
🐒Gods of Prosperity🔱🐲💸
shua
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Posts: 25,807
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Political Matrix
E: 1.29, S: -0.70

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« on: May 21, 2014, 06:05:16 PM »

Even though we have a disability social security program, having a savings option may make sense as well.
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🐒Gods of Prosperity🔱🐲💸
shua
Atlas Star
*****
Posts: 25,807
Nepal


Political Matrix
E: 1.29, S: -0.70

WWW
« Reply #1 on: May 22, 2014, 01:06:29 AM »

Here is the relevant Section 7 of the CSSRA, see esp. 5-7:
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I have no idea why someone considered actively unemployed is given less money than someone who isn't.
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🐒Gods of Prosperity🔱🐲💸
shua
Atlas Star
*****
Posts: 25,807
Nepal


Political Matrix
E: 1.29, S: -0.70

WWW
« Reply #2 on: May 22, 2014, 04:41:00 PM »

If you don't think that SSDI's payout is enough, wouldn't it just make more sense to cut out the middle man and increase the payout?

How would increasing the money that flows through a program rather than allowing for personal savings be "cutting out the middle man"?
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🐒Gods of Prosperity🔱🐲💸
shua
Atlas Star
*****
Posts: 25,807
Nepal


Political Matrix
E: 1.29, S: -0.70

WWW
« Reply #3 on: May 23, 2014, 11:31:56 AM »

What difference does it make if it is withdrawn before or after 20 years?
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🐒Gods of Prosperity🔱🐲💸
shua
Atlas Star
*****
Posts: 25,807
Nepal


Political Matrix
E: 1.29, S: -0.70

WWW
« Reply #4 on: May 23, 2014, 10:43:19 PM »

If you don't think that SSDI's payout is enough, wouldn't it just make more sense to cut out the middle man and increase the payout?

How would increasing the money that flows through a program rather than allowing for personal savings be "cutting out the middle man"?

I believe what Sen. TNF is saying is that if we want to raise benefits for people, we should use the programs we currently have rather than creating new ones. I thought you were opposed to unnecessary government bureaucracy? Or is this just a step towards privatization of Social Security?

Why would I oppose people being able to save money toward meeting their basic needs?  Whatever then, call it whatever you will.

I'm not sold on the idea of matching funds though.
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🐒Gods of Prosperity🔱🐲💸
shua
Atlas Star
*****
Posts: 25,807
Nepal


Political Matrix
E: 1.29, S: -0.70

WWW
« Reply #5 on: May 29, 2014, 09:38:16 PM »

Is there any way to address the tendency for the matching funds to go disproportionately to those who can afford to set a large amount of money aside? 
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