This will allow all amounts listed under "Social Security Tax" that many see on their paystubs to be directly deposited into a company 401K, Traditional IRA, Roth IRA or any other recognized retirement plan account. This will allow individuals to mandate their own retirement and will take the burden off the taxpayers. It will also promote responsability among individuals and allow them to take control of their own lives rather than rely on the government in their golden years. Any past payments made into social security will be forfieted and kept in the Social Security Plan. All future payments starting tomorrow will go directly into your private retirement plan managed by the private company of your choice. It will be the individual's responsibility to ensure account number is accurate.



