Archive for January 5th, 2005

Securitization of social security: Good news for Baby Boomers?

Proposed measures for reforming the American social security system call for allowing workers to invest a portion of their payroll FICA contributions in individually owned and directed personal retirement accounts. This would amount to the partial securitization of social security taxes and could channel a significant volume of new funds into the U.S. securities markets. […]

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