2000.org Funded vs. Knowing both sides of the argument is the first step to forming an opinion. The Reliability Factor Social Security has worked extremely well for 60 years. It is risk-free.
All beneficiaries can rely on receiving benefits from the government in a tax-based system.
With private, funded accounts, you cannot promise that stocks will go up. Reducing Poverty Since 1960, Social Security has lifted 15 million seniors out of poverty. This track record cannot be jeopardized. There is no money. Today there are 3.1 supporting each.