Guess what folks? It's not a nest egg, it's a loan! Under W's plan, if a worker sets aside $1,000 a year for 40 years, and earns 4 percent annually on investments, the account would grow to $99,800 in today's dollars, but the government would keep $78,700 -- or about 80 percent of the account. The remainder, $21,100, would be the worker's. Ain't that great?
No comments:
Post a Comment