Essay on Speech: IRA Retirement Plans

D. And that’s the very real cost to you and me fewer Dads, uncles, sons, nephews (90% of

The Social Security system is perhaps the most successful government social insurance program in the nation 's history; and began with the Social Security Act in 1935. Social Security is a needed federal system that encourages income stability to millions of people across the United States. This is accomplished by giving a stable flow of income to replenish lost wages that occur as a result of disability, retirement, or death of a family member. There are about 59 million people in the U.S. that receive Social Security. Most of them are the required 65 years of age or older. Sadly about half of the 59 million people rely solely on Social Security to pay their bills and everyday necessities.

You’ve spent a lifetime paying into Social Security, and you may not have ever noticed because the money is taken directly from your paycheck each pay period. When you’re thinking about retirement, though, it’s important to understand your Social Security benefits so you can plan for the future. Able Advocate For Social Security Claims, based in Honolulu, HI, has been helping Hawaii residents navigate the system and get the Social Security benefits they deserve in a timely manner.

For an individual who pays personal income taxes at a rate of 30 percent, which of the following statements is most correct?

| C.  When the total is less that the designated percentage of your gross income.

b) “As adults, males are more likely to be homeless...twice as likely to be robbed or murdered, nine times more likely to be killed in an occupational accident.”

The Social Security program is based on contributions that workers pay into the system. While you are working, a portion of

Social security has been a big part of our nation since 1935 when the great depression plagued our nation. Social security is an independent trust fund and has been since its creation. 1 Social Security Benefits cannot be given out to anyone who hasn't paid into it. No one can receive it as welfare or other types of governmental assistance. 1 Many people think that Congress takes money out of the Social Security fund and irresponsibly uses it. The truth is, congress is using it how they are supposed to be. They are using it to pay people their owed social security benefits and other important government programs. Although the federal debt may be high and respect for congress may be low, they are using it as they should. 2

B. Relevance Everyone is faced with the prospect of living their “golden” years without a paycheck. Social Security will very likely NOT be available to people currently younger than 40 and if it does survive will not be a

I. (Attention Getter) Only 2 people out of the 19 responses I got from the survey have started saving for their retirement.

We all are currently aging. We live in an again paradox. But, it is what we choose to do with our time while we have it that counts the most. As a young adult, and before this class I was very unaware of the importance of planning your retirement as early as possible. There are many things that go into planning for a successful retirement. Such as, but not limited to: Where will I choose to live? What will I do to stay mentally active? Or even, when will I choose to retire. In this paper, I will go over a plethora of aspects for my personal plan for aging.

b. There are children of all ages, an adults too, who are alive today and are living through all manner of disease and disability.

Social security, the federal retirement system, is one of the most popular government programs in United State?s history. Today, Social Security benefits are the backbone of the nation's retirement income system. The long road to the successful development of social security began in 1935. Before 1935, very few workers received job pensions. Those workers that were covered never received benefits because they were not guaranteed.

With the workforce in America decreasing due to hard economic times, there is no guarantee the money put into the reserve will sufficiently support a generation when it is time for retirement. Depending on Social Security to support a person financially when ready to retire, will leave that individual in even more of a struggle than the beneficiaries trying to survive in these earlier years of the 21 century. Social Security benefits represent about 41% of the income of the elderly; if there is not enough to support even half of the elderly’s financial needs now, there is no reason a younger person should depend on it alone for retirement (Dewitt, 2010) in the future.

Although mandatory retirement is not largely popular, it still has an effect on many older workers and how they plan for retirement. "Mandatory retirement involves less than 1 percent of the work force and so opens up only a small fraction of the total jobs", because