Showing posts with label campaign blog. Show all posts
Showing posts with label campaign blog. Show all posts

Monday, July 14, 2025

A Real Fix for Social Security: Robert Beers’ Plan for Fair Retirement for All

 

Robert Beers’ Social Security Expansion & Modernization Plan

A Retirement Safety Net That Follows You, Grows With You, and Pays You Fairly


🏛️ The Problem

  • Social Security is underfunded by 2035 if no action is taken.

  • The average monthly benefit is just $1,907 in 2025—far below the cost of living in most of America.

  • Millions of Americans don’t have access to a 401(k), especially gig workers, low-income employees, or those at small businesses.

  • 401(k)s are expensive to manage, hard to transfer, and easy to cash out (which reduces retirement security).


💡 The Beers Proposal: Retirement Security That Works Like It Should

✅ 1. Employer-Backed Social Security Contributions as a 401(k) Alternative

  • Employers who don’t offer a 401(k) or pension plan would have the option (or mandate) to contribute a matching retirement amount into their employees’ Social Security account instead.

  • Contributions would be voluntary or matched, just like 401(k)s (3–6% recommended match).

  • These extra contributions go into individualized government-backed retirement sub-accounts, tied to the Social Security system but portable across jobs.

🎯 Result:

  • No more lost or rolled-over accounts

  • No more 401(k) fees

  • And it guarantees everyone has at least one secure retirement account.


✅ 2. Investment Options & Growth with Guardrails

  • Individuals can choose low-risk index funds managed by the Social Security Administration or certified vendors (like how federal employees use TSPs).

  • Contributions grow over time—but can’t be withdrawn early except for emergencies or first-time home purchase.

  • Optional automatic inflation adjustment and cost-of-living increase triggers to protect retirement income value.

🎯 Result:

  • Secure, inflation-resistant income for retirement

  • Accounts that grow and are protected from early withdrawal mistakes


✅ 3. Guaranteed Livable Retirement for Today’s Seniors

For those already nearing or in retirement:

  • Raise the minimum monthly benefit to $2,400 for seniors over 65 who have worked for 30+ years or contributed at least 20 years through employer/employee payroll taxes.

  • Create a “Senior Safety Floor”: No retiree lives below the poverty line.

  • Funded through:

    • A small increase in payroll caps (earnings above $250K pay into Social Security again)

    • A digital services tax on major tech companies

    • Closing corporate loopholes used to dodge Social Security payments

🎯 Result:

  • Seniors get what they earned and deserve—a retirement above the poverty line


✅ 4. Self-Employed & Gig Workers Included

  • All Americans, regardless of employment status, can opt into this plan through:

    • A national IRS-backed enrollment portal

    • Monthly auto-deductions based on income or a flat contribution

  • Gig employers (Uber, Instacart, etc.) can offer matching funds like regular employers

🎯 Result:

  • Everyone builds wealth—not just the privileged few


🔄 Why This Is a Win for America

  • Simplifies retirement

  • Reduces dependence on Wall Street-driven private plans

  • Ensures fair, consistent income for ALL seniors

  • Unites both parties around choice, fairness, and freedom


✅ Robert Beers: The Leader With a Plan

While politicians like Nancy Mace ignore the Social Security time bomb or push cuts, Robert Beers is offering a solution that protects the elderly, empowers the working class, and simplifies retirement for all.


🌐 www.RobertBeers.com
🌐 www.RobertBeersForCongress.com