Monday, May 5, 2008

A Better Option for Disability Benefits?

The National Center for Policy Analysis proposes an alternative to Social Security Disability, which would preserve benefits when disabled people return to work.

Under their proposed plan, instead of paying payroll taxes, workers and their employers would make deposits into a personal account. These accounts would earn interest and could be used to provide disability benefits or retirement benefits.

Researchers ask the question:

What would happen to a 42-year-old American worker if both the employer and employee disability taxes were instead deposited into an individual disability account?

For the answer, check out the NCPA Web site.

No comments: