WHY WAIT?:

Looming Social Security crisis demands action now (TERRY SAVAGE, February 17, 2005, Chicago Sun-Times)

If you're between the ages of 21 and 55, you've made a terrible investment -- and you continue to do so with every paycheck. I'm talking about Social Security, of course. Under the current system, you simply can't get the promised benefits at the promised time. Or if you do get the dollars, they'll be worth far less because of inflation. When you realize you're caught in this losing deal, we'll face Generation Warfare.

Wouldn't it be nice if we faced up to this inevitability now, and restructured the system to be more fair to younger workers, while still giving current retirees and those nearing retirement the benefits they've been promised?

Here are the possibilities, an assessment of the costs and consequences of various plans to either raise taxes, cut benefits or add private accounts.

Mr. Savage was one of the first to realize the value of including HSA's in the Medicare reform bill

Posted by Orrin Judd at February 17, 2005 7:19 AM