Originally Posted by pauld315

I don't know what you are talking about when you say 1000 per account.

This is directly from The Washington Post dated February 8,2006 in an article by Allan Sloan, who by the way, was critical of the plan.

"In the first year of private accounts, people would be allowed to divert up to 4 percent of their wages covered by Social Security into what Bush called "voluntary private accounts." The maximum contribution to such accounts would start at $1,100 annually and rise by $100 a year through 2016"
What are you trying to say here Lou, the government does a better job managing your investments than you do ?