How to Fix Social Security

[Monkeydad]

Originally Posted by Schneed10

Well just because it's privatized doesn't mean you can't set a minimum mandatory contribution as part of the program.

Privatization refers mainly to private investment firms offering the investment options, not simply that everyone is responsible for their own retirement account.

It should simply be the current FICA tax %, at least to start.

We wouldn't be missing any money since it was being stolen anyways and it's probably a decent % to ensure a good retirement.

If anyone wants to contribute extra, that is their choice.