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| Why not Universal Pensions |
| Wednesday, February 20, 2008 |
I know very little about this pension stuff, but it has to be a major problem. Here is one solution published on the web that seems interesting.
In "Universal Pensions: A Commonsense Approach to Retirement Security in the New Economy," PPI senior fellow and Columbia University adjunct professor Paul Weinstein Jr. presents a plan to provide access for all Americans to retirement security, and to reform the tax code by replacing 16 different tax-favored retirement accounts with one Universal Pension (UP)....
There of course is the immediate problem of giving people the ability to manipulate their own financial destiny, because individuals without any financial education can do themselves more damage than good, however, on the flipside there will be incentive for folks to become financially educated which enriches everyone, except for scam artists. |
posted by Domesticated Dog @ 12:31 AM   |
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