The easiest thing to do is leave (your savings) in the plan, ... If you like the investment options you have, you may want to leave it there.

The magnitude for trying to create an administrative system and make it functional for 140 million people (in Social Security) could be done, but it will take years. The federal thrift program is having problems and that's a lot fewer people.

Carrying a very different cost structure than your competitors and having an element of unpredictability relative to competitors has caused many companies to move away from defined benefit plans.

I am an extraordinary fan of defined benefit plans, but the world has in fact dramatically changed. If the offset is that companies start aggressively encouraging people to save and provide financial literacy education, that may be a very positive silver lining.

Individuals are more and more aware that Social Security is going to have problems, that Medicare is going to have problems,

In general, an individual's likelihood of having health insurance coverage increases with income, ... The research reported here suggests that the uninsured population is more likely to be characterized by low income than previous estimates would have us believe.

The administrative costs (of an employer plan) are frequently cheaper. It's generally going to cost you less money than an IRA.

This concept of sharing greater costs with the employee is nothing new.

Ask your employer why their rules are not up to current law.

So there is a bookkeeping way to say that I am not using the Social Security cash flow, but the overall effect on the taxpayer and the economy is the same. The government is borrowing additional net money.