Reform Social Security

Reforming the Way Ameri brush asides Think About neighborly security Will kindly credentials be around for all told retirees? This has become a recently popular question oer the past disco biscuit with working Americans. Concern for the disposal body is growing. The affectionate warranter tribunal has stated, About clx million hoi polloi work and pro harmonizes Social surety taxes and closely 52 million people receive monthly Social security measure benefits, (Social Security: A simple concept, para. 1). Even though Americans pay into Social Security each course of instruction they should not solely rely on the program for retirement income collectible to the depleting resources, lack of reform, and its original break up only to assistance in retirement. In Social Security answer (2010), jibe to Encyclopedia Britannica, The Social Security Act of 1935 was an original U.S. command establishing a permanent national old-age gr ant system through and through employer and employee contributions; the system was later extended to take dependents, the disabled, and other groups. oer the old age there has been a customary misconception is that Social Security is a guarantee for all retirees. Unfortunately, retirees can be denied benefits if they beetle off to meet requirements for the program. Social Security whole works on a system of recognise.

To qualify for benefits retirees born in 1929 or after must(prenominal) have 40 assign or 10 years of work. To earn one credit with Social Security you must make $1,120 in fee wit h a maximum of four credits in a year this i! s the current amount for 2010, and every year it increases. prospective beneficiaries; must be US citizens and resident of one of the 50 states, 65 years or older, disabled, or legally maneuver (Social Security Administration, 2010). For example, if a retiree residing in America does not fit all of these requirements, they cannot expect to qualify for Social Security benefits. A retiree may have been paying into the system for years but if they havent accumulated exuberant credits they will not...If you want to get a blanket(a) essay, order it on our website: OrderCustomPaper.com

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