Securing Retirement for Tomorrows Seniors
The Social Security is always under attack from politicians. Since 1980 we hav had the dialogue to get it off the budget and away from politicians. To protect it from cuts and being vandalized by the budget hawks we need to follow through o the idea that it should be in a lock box protected from politicians.
HOW I WOULD SECURE SOCIAL SECURITY.
1. Eliminate the cap on income which is taxed.
2. Assure all Social Security income is excluded from taxes.
3. Expand the table for benefits taking care of our seniors of advanced age.
WHAT MY DISTRIBUTION OF INCOME WOULD LOOK LIKE FROM SOCIAL SECURITY.
What Social Security would pay under the Starky model.
Age 55 - $200 per week if your other income is under $30,000. Nothing if it is over.
Age 60 - 300 per week if your other income is under $40,000.
Age 65 - $500 per week if your income is under $60,000 it is untaxed.
Age 67 - $750 per week untaxed if your income is under $80,000.
Age 70 - $800 per week untaxed.
Age 75 - $1.000 per week untaxed.
STU EXPLAINS CHANGING THE PLAN
Our seniors are living longer and the cost of retirement has skyrocketed. My program is designed to insure those who grew this country can retire in a manner which they deserve. It raises the maximum age benefit but increases rates all along the timeline.