Microeconomy Q on social security, any heads up?
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03-20-2014, 08:09 PM
Post: #1
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Microeconomy Q on social security, any heads up?
Suppose that the following Social Security reform became law: All current Social Security recipients will continue to receive their benefits, but no increase will be made other than cost of living adjustments: U.S citizens between age 40 and retirement not yet on Social Security can opt to continue with the current system; those who opt out can place what they would have contributed to Social Security into one or more goverment-approved mutual funds; and those under 40 must place their contributions into one or more government-approved mutual funds.
Answer the following questions: 1- Who will be in favor of this reform and why? 2- Who will be against this reform and why? 3- What might happen to stock market indexes? 4- What additional risk is involved for those who end up in the private system? 5- What additional benefits are possible for the people in the private system? 6- which firms in the mutual fund industry might not be approved by the federal government and why? Ads |
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Microeconomy Q on social security, any heads up? - Who R U - 03-20-2014 08:09 PM
[] - David Livingston - 03-20-2014, 08:17 PM
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