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False Promise: How Social Security Privatization Would Sting Young Adults (PDF)
The Century FoundationLink to more items from this source
[Opinion]
Mar. 10, 2005

7 pages. Excerpt: Advocates of Social Security privatization often argue that young adults would be better off when they retire if they could divert a portion of their Social Security payroll tax to private investment accounts. On the contrary, argues a new issue brief by Century Foundation program officer Libby Perl, today's young people would receive much lower guaranteed benefits with private accounts than they would under the current system.

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