1. The $5,000 Stimulus Check Proposal Is Really a Social Security Cut in Disguise | The Motley Fool

    The $5,000 Stimulus Check Proposal Is Really a Social Security Cut in Disguise | The Motley Fool

    A recently published opinion piece in The Hill from Andrew Biggs of the American Enterprise Institute and Joshua Rauh of the Hoover Institution calls for stimulus checks of, say, $5,000 to be paid to workers who voluntarily want to receive them. These $5,000 checks would be treated as loans from the retirement/general/2016/03/19/will-social-security-last-until-i-retire.aspx">Social Security trust fund, with an interest rate of between 1% and 1.5%, as outlined in the article. 

    The catch is that taking this upfront loan from Social Security would mean retirement/2020/05/12/president-trump-may-let-workers-take-social-securi.aspx">having to delay the receipt of your initial Social Security payout, because your initial payments would go toward paying back this loan. Once your loan is paid off, your monthly benefits would be restored in full. Currently, retired workers aren't able to begin taking their Social Security benefits prior to ...

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