Individual retirement accounts ok; but not from Trust Fund
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:
We have a moral responsibility to meet the obligations set forth in this eight-decade-old program. I oppose diverting Social Security taxes from the Trust Fund to fund private individual retirement accounts.
I support individual retirement accounts in addition to current guaranteed Social Security benefits. There are valid concerns about the long-term feasibility of Social Security, but there are key steps we can take to strengthen it.
I believe that higher-income workers should make additional contributions and that we should make modest adjustments in future benefits.