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Privatizing social security would mean that it is no longer a guaranteed system that Americans can depend on. Instead, it would be more like a pension program, and many pension programs have ended because private companies have found them too costly. It is not worth the risk of such an important program ending or being downsized. People are really not going to save for there retirement money..that why we have this program so when we retire we can safely know that we have money.

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Q: How would the distribution of income change if Social Security were privatized?
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Related questions

How can you change social security of your child?

If you mean, social security number - you don't.


Will your social security number show if you are married?

No, your social security number does not change when you get married.


Can you draw social security and teachers retirement and change from your social security to my wife who passed away a short time ago?

Can you draw social security and teachers retirement and change from your social security to my wife who passed away a short time ago?


Can you change your social security number to get a job?

No, you cannot change your social security number to get a job you must use the number you are assigned.


How do I change your adddress with the SS?

How can I change my adddress with the Social Security


How do you change a social security number for a minor?

You can't.


Can I apply online for social security application?

This may depend on what you want to change with your social security. You could try by going to the SSA gov website SOCIAL SECURITY BENEFITS ONLINE and see how it goes. But if you want to make sure that the change is done correctly you may want to go to local SSA in person for some face to face assistance with the change on your social security.


How old do you have to be to change your social security number without a parents consent?

To the best of my knowledge there is no way to change a Social Security number. It is issued at birth and remains with you for the rest of your life.


Do you change social security number after you get your marriage license?

No; the Social Security number you are first assigned is yours for life. The only thing you need is your name changed on your social security...the add your new surname


When you turned 62 did your ssi change to social security?

yes


What age does social security disability change to retirement social security?

Once a person turns 65 disability benifits offically end and then the claiment will be on social security.


If you got married will your social security disability income change?

No reason for the amount of your social security benefits to change. Some of the SSB could become taxable income to you on your income tax return.