1-Increase the social security salary limit, however do so only for the employees contribution, so as not to increase business costs.
2-Move to change from a defined benefits plan to a defined contribution plan.
3-For most people: Social Security total payout LIMITED to TOTAL SOCIAL SECURITY CONTRIBUTIONS PLUS INTEREST on bonds.
4-For wealthier individuals, payout limited to own contribution. Employer contribution payout phased out according to income.
5- Poorer individuals, can apply for extended benefits, funded by the phase out of employer funded benefits for wealthier people.
6-Allow people to choose payout schedule.
Increase all IRA contribution limits, except for wealthiest. Instead of a fixed amount, key it to a specific economic figure.



