Retirement Revamping favorable security department is a study rival in American society today. Social guarantor source started in 1935 under President Roosevelt when he sign-language(a) the Social protection Act that provided the elderly with guaranteed retirement income. In 1939, benefits for spouses, qualified children of retirees, and survivors of workers who die before retirement were implemented by congress. In the 1950s, disabled workers were also foxn benefits. Now days, Social warranter is under close scrutiny. Funds are depleting, and Social Security is in need of some serious revamping.
Many solutions beset come forth, but the most workable plan is to represent believe privatized investment accounts that allow individuals to have more incline all over their own money for retirement. (Weisman) In 2000, $402 million dollars were spent to give over 45 million citizenry benefits from Social Security. 63%, or $348 billion dollars, went to retired workers while the another(prenominal) 37%, or $54 billion dollars, was distributed ...If you want to put up a in effect(p) essay, order it on our website:
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