The Market Drops, but Social Security Benefits are Safe

September 9, 2015

The recent volatility of the stock market should make people rethink some suggestions that Social Security funds should be invested in the stock market on an individual basis.  While the stock market tends to increase wealth, the periodic market drops could be a cause for concern.

The rede t market drop, and ones before, expose the dangers of diverting some or all of the money workers contribute to Social Security through their paychecks into private investment accounts. That would put individuals in charge of making smart enough investment choices in the market to make big enough returns to support themselves in retirement.

Currently, no benefits will be reduced or lost due to the market changes.  So everyone receiving benefits can rest easy.

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