Although Social Security retirement benefits alone are generally not taxable, people with even a modest amount of income in a...Read more
Survey Shows Strong Disapproval of Social Security Privatization
- February 25th, 2005
There is much opposition to the Bush administration's proposal to partially privatize Social Security, according to the results of ElderLawAnswers' recent survey on the topic.
Nearly two-thirds (62 percent) of all respondents to the online survey oppose the privatization scheme. Fewer than one-quarter (24 percent) favor it, and 14 percent say they need to know more before forming an opinion.
ElderLawAnswers member attorneys who completed the survey were even more skeptical about the privatization plan than were consumer visitors to the site, with only 17 percent supporting it outright. Sixty-one percent of member respondents oppose it and 22 percent say they need more information. However, elder law attorneys as a whole were somewhat more favorable to the Bush plan, with 30 percent supporting, 55 percent disapproving, and the rest undecided.
Respondents also were asked whether or not they expect to receive Social Security benefits when they retire. One's optimism about the likelihood of receiving benefits clearly increases with age. While 35 percent of those age 44 or less do not expect to receive Social Security, virtually everyone age 45 and above is anticipating benefits.
Local Elder Law Attorneys in Ashburn, VA
Farr Law Firm
In practice since 1987, Fairfax Attorney Evan Farr is widely recognized as one of the leading Elder Law, Estate Planning, and Specials Needs attorneys in Virginia and one of foremost experts in the Country in the field of Medicaid Asset Protection and related Trusts. Evan Farr has been quoted or cited as an expert by n...
Hammond and Associates, LLC, Elder Law, Estate Planning, Wills, Trusts, Probate
For Jeffrey Hammond, the practice of Elder Law is personal. Jeff’s many years of experience in law and in business did not prepare him for the crisis he faced in 2005 and 2006 when his father suffered a stroke and both of his parents suffered from dementia and other medical problems. At that time, Jeff began an i...
Ron M. Landsman, P.A.
Ron M. Landsman has been practicing elder law since 1983, before it was known as elder law, originally with Landsman and Laster, Washington, D.C., then Landsman, Eakes and Laster, also in Arlington, VA, and since 1990 in his own practice in Montgomery County, Maryland. He has been among the most active members of the...