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Publication Date: August 2004
Publisher: Heritage Foundation (Washington, D.C.)
Author(s): David C. John
Research Area: Banking and finance
Keywords: Social security
Type: Report
Abstract:
A reformed Social Security with personal retirement accounts can do much more than reducing the program's coming fiscal problems. It would also allow workers to build family nest eggs; give workers greater asset control; strengthen communities' economic base; yield a higher rate of return; and allow workers benefit ownership.