Thread: Sign Me Up....
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  #17  
Old 02-04-2005, 12:19 PM
adios adios is offline
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Join Date: Sep 2002
Posts: 2,298
Default Re: Sign Me Up....

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Yes, I read both of these articles. Its a semantics question.

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Haha it's not a semantic question at all. The Washington Post had to retract a statement that said you would not get to keep what you've contributed to the private plus 3% compounded on top of that. It was blatently wrong. Weak attempt at spinning it.

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The government won't be reaching into your account for the funds.

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Right and the Washington Post stated that the government would be reaching into your funds.

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They will be reducing the guaranteed benefit, dollar for dollar, based on what you earn in your 'private account'

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Nope, they will be reducing the guaranteed benefit, dollar for dollar, based on what you contributed to your 'private account.'
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