Social Security Privatization

User Generated

svyresnz5

Business Finance

Description

Who should pay the fees to manage the individual investment accounts? It is known that the social security management systems is one of the most efficient federal programs paying a fraction of the fees common to individual investors.

User generated content is uploaded by users for the purposes of learning and should be used following Studypool's honor code & terms of service.

Explanation & Answer

Well the taxpayers which is you and me pay for most of the countries social security funds for everyone else. But I feel the US government should be the ones who should pay for these funds mostly out of their pockets. Or even the individuals including investors. Actually the government is trying to come up with a reform for social security called privatization. So in this case workers would be funding their own benefits just for themselves by using their tax money and would receive it back with interest once they retire. Will it happen is the question? Until this point who knows?  


Anonymous
I was having a hard time with this subject, and this was a great help.

Studypool
4.7
Trustpilot
4.5
Sitejabber
4.4

Similar Content

Related Tags