|
|
| There is no "a Confidential property of Social security"... Any investments and any Investment Managers. Always there was a tax plan concerning financing of privileges, but never the Investment Plan. It is the huge Government developed and scheme Ponzi which operate which worked improbably well despite luzhenie the congress and extremely high cost. |
 |
|
As the investor, I-ve always asked a question, why Social security - such problem. Какой-s so difficult about management of this specific Confidential property and why it so differs from other investment accounts which pay a constant stream of the income? The private sector usually does it with certain pension schemes of benefit and the established rents, so what-s grandiose enterprise? Social security suffers failure because it hasn-t, invested obosnovanno, or, is there some other reason?
The most obvious explanation - a policy, but came to an end time for the finger reference, and Social security razreshimo in surprisingly painless manner. It will demand the whole new approach which uses old ideas and establishments in the ways with which the majority of us substantially was disappointed. So hopeless as the Site of Nicotine of Administrations of Bush for Social security would be, it has specified in a correct management. Now do not make attacks, DELETE, when I address to "privatisation" or when I mention one of own most hated financial products, "rents". Both are necessary for a long time to establish the Social security disorder, to receive it far from people who are not neither managers, nor investment experts, and to make the whole work of system more economically. The purpose of this article consists in forcing you to think of it... And to choose the hero with guts, to establish it. Unfortunately, Joe DiMaggio has left a building!
You are surprised, that there is no "a Confidential property of Social security"... Any investments and any Investment Managers? It is the huge Government developed and scheme Ponzi which operate which worked improbably well despite luzhenie the congress and extremely high cost. Always there was a tax plan concerning financing of privileges, but never the Investment Plan. And so difficult as it for me, to admit, no difficult Investment Plan is really necessary. We only require the new (reduced) plan of the contribution, that isn-t projected to finance each politically sensitive right which threatens itself downwards pass. We require the simplified structure of benefit, which adds confidentially financed (not imposed with the tax) resignation programs. [The public health services only should be a separate problem, probably actual Confidential property (which operate), and something is final, that should not be financed private persons while there is no meaning reform of infringement of legitimate rights in this country.] Pshew! Back to an essence... We can eliminate all unnecessary signals submitted at opening and closing of a stock exchange easier, transferring under the mandate personified financing of benefit. Allow business of politicians with safety of the native land while the private sector deals with financial things.
After cancellation of the tax of Social security and performance of the Individual Contributions of the Plan of Resignation transferred under the mandate, the Social security bureaucracy will keep some the important functions: 1) Qualifying the companies of a private sector and resolving them to provide Rents of the Income of Resignation of Social security (SSRIAs). Thousand suppliers will be necessary, but only, the fixed income which is applied by skilled, favourable requirement of the companies. 2) development of the computerised system for the participant/supplier corresponding... The inspired randomness, is essential. 3) the preventive control of the consent with the minimum rules, installation of systems of detection of swindle, and research of all infringements by suppliers, participants, and otstavnikami, 4) Holding the plan, sacred, simple, and mainly invariable according to the future legislation. The plan should be kept: simple and favourable to suppliers; painless and visible to participants; Timely and conceivable otstavnikam.
SSRIA - the new and improved version of the ancient Delayed Motionless Contract of the Rent... Boring, but a guaranteed vehicle of benefit of the resignation, financed both transferred under the mandate and voluntary conclusions of the pay-sheet, with the whole sheaf of new wrinkles which do it by the ideal program of replacement of Social security. For example, and unlike existing contracts of the rent: 1) Participants will be assigned to "competent suppliers SSRIA" thus there will be no commercial commissions, any business acquisition or expenses of the detention, any advertising expenses, etc. 2) All contracts SSRIA (irrespective of the supplier) will contain the same terms, interest guarantees, elections of benefit of resignation, and deadly privileges of preresignation, thus eliminating any stimulus for internal swindle and statistics manipulation. 3) Competent suppliers will establish separate branches to operate and operate operations SSRIA and to assure, that only high quality, income securities are used to finance the future privileges. 4) all competent suppliers will use the same death rate, the investment income and expense assumptions, and all privileges will be guaranteed completely by parental corporations.
SSRIA - the additional program of resignation financed much more smaller, nevertheless flexible, subtraction of the pay-sheet, and it is developed to be fund of a package of resignation of total otstavnikov... A benefit floor. Participants will want (annually, within next year) to bring from necessary 2 % to the maximum 4 % of their Income To a deduction of taxes to their personal SSRIA, the contract which will follow them everywhere, from the employer to the employer, within their working years. Before resignation the deadly benefit equal to full cash value of the contract, will be paid to the appointed beneficiary. In resignation participants can choose either the Life annuity or the Incorporated and 50 %-s' Rent Survived. Any variable plans of any kind will never be allowed; there will be no privileges of the loan, withdrawals, or dividends. Suppliers as expect, will receive reasonable profit which finally will be defined by their action and an investment of abilities. . hmmm, I catch a capitalism smell.
The employer sponsored programs of privileges both individual savings, and investments as expect, will make the most part of private programs of resignation. SSRIA will assure, that all have something, but individual savings and resignation plans, both the sponsored company and personally financed, will be encouraged by new policy IRS. No income of resignation, irrespective of a source will exist subject to the income taxation! Neither employers, nor working not on hiring people will not be obliged to do conformity to contributions of any kind to employee SSRIAs. However, they will be encouraged to use their improved stream of a cash to increase employment or to reduce the prices, probably new system which will reduce their obligations of surtax of corporation as the award for economy increase. In the same way billions dollars supervised spendable the income will find its way back in economy from the consumers which conclusions of the pay-sheet have been reduced on advantage.
Subsequent articles will deal: Suppliers SSRIA, Participation Rules, Passing Change at Four Levels, and Contact with Indecently overpaid. |
|
| About the Author |
|
Steve Selengut http://www.sancoservices.com
http://www.valuestockbuylistprogram.com Professional Management of the Portfolio with 1979 Author: "Washing of brains of the American Investor: the Book which Uoll Strit Does not want that YOU Have read", and "Confidential Investment Strategy of the Millionaire"
Article source: http://www. ArticlesTake.com/author-steve-selengut-101.html |
|
|
