Tamara E. Cross
Description
The Social Security program faces a financing challenge primarily due to the aging of the U.S. population. Proposals have been advanced by various gro
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ups calling for individual accounts as a component of Social Security reform. To better understand the potential implications of individual accounts, this report provides information on how such accounts could affect private capital & annuities markets as well as national savings, & determines the potential risk & returns to individuals under such a program. It also determines the disclosure & educational efforts needed to inform the public about individual accounts. Charts & tables.
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