What thoughts are being put forward about providing education for people to understand the financial implications of taking more responsibility for their own benefits?
Educating the public about their individual responsibility to save for their retirement is an important component of any Social Security reform package. The Social Security Administration has increased its public education activities to inform contributors and beneficiaries that Social Security is intended to be only one “leg” of the retirement stool, with pensions and private savings as the other critical legs.
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