DiscussWorldIssues - Socio-Economic Religion and Political Uncensored Debate - View Single Post - Most Americans have the right idea on SS.

**Eagevawax** · 04-04-2006, 08:00 AM

Originally posted by Oerdin

Social Security is currently invested its entire trust fund into T-Bills. By law they must. So tell me how do privatized accounts get a higher return if they are invested in the same assets but have higher management costs?

(The reason costs are higher is because now you have 150 million individual accounts being managed instead of one federal account so you have 150 million times the management costs.) Well I didn't know that Mr. Fussy.

04-04-2006, 08:00 AM	#9
Eagevawax Join Date Oct 2005 Posts 572 Senior Member	Originally posted by Oerdin Social Security is currently invested its entire trust fund into T-Bills. By law they must. So tell me how do privatized accounts get a higher return if they are invested in the same assets but have higher management costs? (The reason costs are higher is because now you have 150 million individual accounts being managed instead of one federal account so you have 150 million times the management costs.) Well I didn't know that Mr. Fussy.
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