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Dangerous. Privatized Social Security means the contributions would be paid to, and the funds managed by, one or more private investment firms, rather than managed by (and backed by) the federal government. The investment company would be run on a for-profit basis (which the federal government does not do), meaning investors would make money from ordinary workers' contributions, a practice with a built-in conflict of interest detrimental to the worker.
If Social Security had been privatized when the Stock Market crashed in 2008, it would have been disastrous.
For more information see Related Questions and Related Links, below.
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Who issues Social Security numbers?
The Social Security Administration issues Social Security numbers.
What is private socialism?
Dangerous. Privatized Social Security means the contributions would be paid to, and the funds managed by, one or more private investment firms, rather than managed by (and backed by) the federal government. The investment company would be run on a for-profit basis (which the federal government does not do), meaning investors would make money from ordinary workers' contributions, a practice with a built-in conflict of interest detrimental to the worker. If Social Security had been privatized when the Stock Market crashed in 2008, it would have been disastrous. For more information see Related Questions and Related Links, below.
What is SSA in Social Security?
SSA, as used in "Social Security" is the abbreviation of the agency itself - Social Security Administration. http://encyclopedia.thefreedictionary.com/Social+Security+Administration
What is is SSA Social security?
SSA, as used in "Social Security" is the abbreviation of the agency itself - Social Security Administration. http://encyclopedia.thefreedictionary.com/Social+Security+Administration
The best way to get social security benefits is to hire a social security attorney. ?
The best way to get social security benefits is to hire a social security attorney.
How do you buy a Social Security number?
You don't buy a social security number. You go to your local social security office and apply to receive your own personal social security number.Buying a social security number is against the law.
How do you find where someone is employed using their social security number?
You do not. Use of the Social Security number is the exclusive venue of the Social Security Administration as established by the Social Security Act.
What happen if you get married and you get social security not social security disability?
In this case you should notify the Social Security Office of your marriage. it might increase the amount of your social security benefit's, if your husband or wife also collect social security payments.
Are the words social security on a social security benefits check?
no
Where do you get a copy of your social security card?
Call the social security office or go online and search "Social security" for your country.
Can a person that has paid in to Social Security for years then goes to prison collect Social Security?
No. Social Security does not pay prisoners.
If you have a pension plus Social Security what is the tax rate of the Social Security?
That depends on the amount of income aside from Social Security. Up to 85% of your Social Security benefits are potentially taxable.
