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Re: extelecom post# 319490

Saturday, 11/06/2004 10:22:31 AM

Saturday, November 06, 2004 10:22:31 AM

Post# of 704049
Extelecom, I don't remember which news show I was watching but the information that I heard stated: "A percentage of an individual's contribution to Social Security, would go into a privately managed fund, of the individual's choosing, and could not be touched, until the individual had reached the minimum retirement age, at which time the proceeds would be taxed, at the tax rate then in effect, at the time of withdrawal".

Jim

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