Dynamic Private Accounts: A Sustainable Solution to Social Security Insolvency

Sven R. Larson

Compact for America, Inc.

June 1, 2011

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

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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)
Compact for America, Inc. ( email )
2323 Clear Lake City Blvd, Suite 180-190
Houston, TX 77062
United States
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