Retirement Savings Accounts as Safe as Your Bank
by Merrill Matthews on 07/05/2001
2 Pages
Synopsis:
Social Security can be privatized and deliver market returns with virtually no risk to workers by allowing financial institutions to make asset allocation decisions rather than workers. Employees from three Texas counties have had such accounts for 20 years and have dramatically outperformed Social Security without risk. These plans can be a national model for Social Security reform without risk.
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