Zeev's Turnips Patch-No Politics (ZEEV)

[TJ Parker]

"Just a way to get more money out of John Q public into the hands of Wall street. What is wrong with investing these funds in safe long term treasuries?"

i don't understand the logic behind these alternative retirement accounts. why isn't the "right" thing to do -- given the stated reasons for doing it -- just to decrease the soc sec contribution by a similar amount and leave it at that? (similar to the amount that would be contributed to these individual accounts, that is.) after all, if an individual is not getting some defined benefits for his/her contribution, why should he/she want to be coerced into starting an IRA?