Saving social security

Article Abstract:

When the members of the baby-boom generation start to retire, America's Social Security system will find itself in big trouble as its funds start to run out. Retirees on Social Security will also be receiving benefits that are low compared to the tax levels they will be paying, and the Social Security system needs to start working on finding a solution as soon as possible.

Economic aspects, Finance, Services, Retirees, Social security beneficiaries

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Should social security be privatized?

Article Abstract:

A senator contends that the proposed privatization of Social Security is oppressive to low-income and senior workers. On the other hand, another senator believes that the social security privatization will be beneficial for this will increase the benefits that retirees will have access to.

Laws, regulations and rules, Retirement planning, Social security law

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Should social security be revamped now: yes

Article Abstract:

The social security system should be revamped as soon as possible to avoid major headaches when baby boomers retire. The retirement of baby boomers will likely result in a shortage of funds and early moves to correct this problem would be beneficial.

Evaluation, Column, Social policy, Political aspects, Gregg, Judd

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