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Social Security Research Paper

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Social Security Research Paper
Social Insecurity Social Security, which has been an entitlement program since 1937, is in danger of having inadequate funding for future retirees. This iconic program that almost everyone is counting on to help fund his or her retirement is paying out more money than it collects (Sanger-Katz). Opportunities to help Social Security remain a viable entitlement program lie within our abilities to revise existing policies that are currently unsuccessful. Our current Social Security structure requires reform to secure the necessary resources to fund this failing system. Eliminating the tax cap maximum, raising the minimum retirement age, and introducing means testing are policy shifts that will provide the needed changes to restore the Social Security system. Americans are …show more content…
“Social Security Fund to Run Out in 2035, Trustees Say,” Bloomberg. N.p., 23 April 2012. Web. 7 November 2012.
Gustman, Alan L., Thomas L. Steinmeier, and Nahid Tabatabai. “The Growth in Social Security Benefits among the Retirement-Age Population from Increases in the Cap on Covered Earnings.” Social Security Bulletin 2012: 49-61. ProQuest Research Library. Web. 7 November 2012.
John, David C., and Rea S. Hederman. “Lifting the Social Security Wage Cap Will Not Save the System.” Social Security. Ed. Mitchell Young. Detroit: Greenhaven Press, 2010. Gale Opposing Viewpoints in Context. Web. 7 November 2012.
Kranish, Michael. “Future Seniors may see Benefits tied to Means Testing.” Boston Globe. N.p., 10 October 2012. Web. 7 November 2012.
McKinley, Kristine. “Social Security Means Testing – Can Means Testing Save Social Security? Most Say No.” Social Security Retirement Coach. N.p., 6 March 2012. Web. 7 November 2012.
Richtman, Max. “There 's no Social Security Crisis.” USA Today 27 Apr. 2012: 8A. Global Issues in Context. Web. 7 November 2012.
Sanger-Katz, Margot. “The Reckoning Looms.” National Journal 2012: n. page. Gale Opposing Viewpoints in Context. Web. 7 November
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