Never allow diverting into individual retirement accounts
Q: Will you support a balanced Social Security plan?
SUPPORT Create a balanced Social Security plan to ensure guaranteed benefits.
OPPOSE Divert Social Security payroll taxes to individual retirement accounts.
A: Social Security has been
one of America's most successful social programs, despite the repeated attempts by Republicans since its inception to weaken it. Social Security makes us all proud: its administrative costs are low, it's progressive, and its benefits are especially
helpful for women and minorities who have faced historic discrimination in pay and pensions. While Social Security was never intended to be the sole source for workers' retirements, we should never allow money to be diverted from Social
Security into individual retirement accounts. The surplus in Social Security will not be exhausted until 2041. By making small adjustments now, we can keep Social Security in surplus far beyond 2041.
