Question

PLEASE HELP!!!!

Explain the problems facing the Social Security system. Suggest a possible solution, and give one reason to support your solution. (10 points)

Answer 1

@Nnesha

Answer 2

Top 3:
1.) Social Security Contributions
According to the Social Security Administration, in 2010, the Social Security program officially began paying out more than it was bringing in.
2.)The Boomers
The massive wave of 80 million baby boomers entering retirement age is being blamed for the extra pressure on the system.
3.)Debt Payments
When the Social Security Trust Fund has surplus assets, it lends those assets to the federal government. If current projections are accurate, Social Security will fund itself with debt repayments from the federal government

Read more: http://www.investopedia.com/financial-edge/0111/top-3-challenges-facing-social-security.aspx#ixzz3cfd0t6Sw

Answer 3

Thanks!(:

Answer 4

np :)