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View Diary: States starting to take action on retirement security (42 comments)

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  •  doube dipping (1+ / 0-)
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    sunny skies

    For this to work, it has to be a state pension.  This is fine, and this is a good idea.  Take some percentage of every dollar earned, match it,keep in state investments, which are large and less subject to volatility, then pay it out in retirement.  However, since the time of Reagan, such schemes has been characterized as double dipping, and therefore one typically only has access to such state/federal pensions or social security, even if one has paid into both.

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