Small Business Resources, Business Advice and Forms from AllBusiness.com

The News-Sentinel, Fort Wayne, Ind., Economy Column.

By Tom Guthrie, The News-Sentinel, Fort Wayne, Ind. Knight Ridder/Tribune Business News

Mar. 29--FORT WAYNE, Ind. -- A special thanks to all of you employed in northeast Indiana for contributing to my first Social Security check received in February!

If you don't understand the "thank you," you don't understand that the Social Security program is not a retirement savings program but rather a transfer program. Basically, children transfer a portion of their income to make the Social Security payments received by their parents -- with the understanding (

In addition, make sure to read these premium articles also available with your free trial:

T T T
art_print Printart_email Email 16x16-digg-guy  Digg It delicious-small  del.icio.us

Related Resources

Free AllBusiness Articles

  • Social Security Surpluses
    • Anthony P. Curatola, Editor As a reader of Social security Trustees Reports since the system's financial problems in the early 1980s, I have been concerned about conflicting communications through the years regarding Social security. This article gives the information that has allowed me to reconcile reports from Washington with my ......
  • Implications of social security reform on interest rates: theory and evidence.
    • ABSTRACT This article investigates the potential effect that Social Security reform may have on bond and equity returns. We specifically focus on the effect of proposals to shift a portion of the investment of the U.S. Social Security Trust Fund to the equities market. Models are developed to demonstrate the ......
  • Social security surpluses.
    • As a reader of Social Security Trustees Reports since the system's financial problems in the early 1980s, I have been concerned about conflicting communications through the years regarding Social Security. This article gives the information that has allowed me to reconcile reports from Washington with my background in benefits administration....
  • Social security: the national dilemma.
    • Social Security: The National Dilemma By now you are all well aware of the significant political and programmatic conflicts confronting the Social Security system, specifically the Social Security Trust Fund. Although individuals may have often thought that the trust fund reserves were actually utilized to mask the looming budget deficit, ......
  • THE STATE CHILDREN'S HEALTH INSURANCE PROGRAM: HAS IT REDUCED THE PERCENTAGE OF UNINSURED CHILDREN?
    • HEADNOTE ABSTRACT Recent data indicate that the percentage of children in the United States who are uninsured is declining. Although many factors have contributed to that decline, this study assesses the role of public health insurance, specifically the State Children's Health Insurance Program (SCHIP),1 in reducing the percentage of uninsured ......
  • Connecting the Dots
    • HEADNOTE The Estate Tax and Social Security Over the past year, this column has addressed two major public policy issues that may seem, at first, to have little to do with one another. One issue-the estate tax (covered in September 2006)-is the on-again, off-again tax imposed on the estates of ......
  • Conducting monetary policy without government debt: The Fed's early years
    • The Federal Reserve System is the largest single owner of U.S. Treasury securities in the world, excluding federal government accounts and trust funds such as the Social Security and Medicare trust funds. As of January 2, 2002, the Federal Reserve System Open Market Account held $554.8 billion of U.S. government ......

Forms

Blogs

Business Answers

Related Topics
Tools

Sponsored Links

Site Map | Contact Us | FAQs | About Us | Media Kit | Reprints | RSS Directory | Sign Up for Free Newsletters | Disclosure Policy

Copyright © 1999 - 2008 AllBusiness.com, Inc. All rights reserved.
No part of this content or the data or information included therein may be reproduced,
republished or redistributed without the prior written consent of AllBusiness.com.
Use of this site is governed by our Copyright and Intellectual Property Policy, Terms of Use Agreement and Privacy Policy.

Get In-Depth Company Information from Hoover's | Buy a D&B Credit Report | What is in Your Company's D&B Credit Report? | Article Archives
Online Business Database | Online Business Information | Email Marketing Lists | Sales and Marketing Solutions | Business Mailing Lists
Information and opinions on AllBusiness.com solely represent the thoughts and opinions of the authors and are not endorsed by, or reflect the beliefs of,
AllBusiness.com, its parent company D&B, and its affiliates.