Should Social Security Be Privatized? – Pros & Cons is a post from the Money Crashers personal finance blog.
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Tuesday, February 26, 2013
Should Social Security Be Privatized? – Pros & Cons
In 1998, conservative think tank The Heritage Foundation reported that an average American household of two earners with a combined income of $52,000 would pay a total of $320,000 in Social Security taxes over their lifetimes (including their employers’ share), and receive about $450,000 after retiring at age 67. The Foundation suggested that the same funds invested [...]
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