Abstract

http://ssrn.com/abstract=1866427
 


 



Dynamic Private Accounts: A Sustainable Solution to Social Security Insolvency


Sven R. Larson


Wyoming Liberty Group

June 1, 2011


Abstract:     
The ability of the Social Security system to support future retirement benefits for all Americans is rapidly withering away. Suggested fixes tend to center in on higher taxes or cuts in benefits. Both have been tried and neither has worked. Retirement security can only be secured when Social Security is fully privatized. A privatization plan requires a slow, continuous transition from today's all-government model to one based entirely on private accounts. This paper explains how that transition can take place without jeopardizing the benefits of current enrollees.

Number of Pages in PDF File: 19

Keywords: Social Security, Privatization, Welfare State, Economic Freedom

JEL Classification: D31, D63, D91, H40, H55

working papers series





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Date posted: June 21, 2011  

Suggested Citation

Larson, Sven R., Dynamic Private Accounts: A Sustainable Solution to Social Security Insolvency (June 1, 2011). Available at SSRN: http://ssrn.com/abstract=1866427 or http://dx.doi.org/10.2139/ssrn.1866427

Contact Information

Sven R. Larson (Contact Author)
Wyoming Liberty Group ( email )
1902 Thomes Ave
Suite 201
Cheyenne, WY 82001
United States
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