Benefits of Privatizing Social Security

Benefits of Privatizing Social Security

Introduction

From a personal perspective, the most egregious aspect of the social security system is the fact that regardless of weather or not the individual received 1 check from the Social Security Administration or 100 - upon the death of the recipient the government keeps the money within the account.

Discussion

Now of course, there are some obvious caveats. First, if the individual is married and both spouses worked, both living spouses receive social security benefits. However, if one spouse passes away, the other spouse can choose only one social security, which ever benefits check is ...