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Personal Finance Topics / Retirement Investing
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Author: AdrianC 🐝  😊 😞
Number: of 767 
Subject: Privatizing Social Securit
Date: 08/19/2025 2:34 PM
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Bessent hails new ‘Trump accounts’ as ‘backdoor for privatizing Social Security’
Trump accounts, Treasury Secretary Scott Bessent said, would make “everyone a shareholder” in the success of the economy.

https://www.politico.com/news/2025/07/30/bessent-t...

One great thing about SS is folks can't get at "their" money until age 62.
The kid gets access to the "Trump" account at age 18. Sure, they pay a penalty, but to the kid it's free money anyway.
Restrict them to age 59 and they might be a game-changer.
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