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Released: June 22, 2011
Is Social Security an investment Ponzi scheme?
Source: Matt Krantz, USA Today
There's just one thing that's worse than having a large chunk of money taken out of your paycheck: Taking a chance you won't get it back. Workers who see Social Security deductions taken from their paychecks every pay period can't help but wonder if they'll ever see the money again. That's especially true with younger workers, whose contributions are being used to pay benefits to the swelling ranks of Baby Boomers, who are reaching retirement age or who are already retired.Read Full Article: Is Social Security an investment Ponzi scheme?
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