calls for letting workers take a $5,000 advance on their Social Security benefits now, rather than $11,000.
Those most likely to support receiving $11,000 for every year they agree to delay government benefits were under age 45. That cohort is more likely to feel that they are not going to get Social Security anyway, according to Nancy Altman, president of Social Security Works.Advocates for protecting Social Security, including Social Security Works, have spoken out against letting Americans borrow against future benefits.
"It's this idea that Social Security is a piggy bank and it's not insurance and that you can get some cash now and all you have to do is trade away your future security," said Nancy Altman, president of Social Security Works. Similar concerns have been expressed by other politicians, including Reps. John Larson, D-Conn., and Joaquin Castro, D-Texas, who recently"In this moment of crisis, when millions of Americans are struggling to make ends meet and fear for their retirement, we should be enhancing Social Security, not developing policies to reduce benefits," Larson and Castro wrote.
Pres finds all kinds of money for his personal causes. He needs to do some alternate searching for this one.
You do what ever is necessary to survive!
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