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Happy 89th birthday, Social Security
Happy 89th birthday, Social Security. On August 14, 1935, the Social Security Act established a system of old-age benefits for workers, unemployment insurance, and aid for dependent mothers and children, persons who are blind, and persons with disabilities. Social Security is now a safety net for retirees and the disabled and provides death benefits to taxpayer dependents. But can we replace it? Mark Hulbert discusses how difficult it would be for most Americans to replace their Social Security benefits. Read Mr. Hulbert’s article here…
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