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We’ve Got a ‘Backdoor’ to Privatize Social Security

Bessent tries to walk back comments suggesting Social Security could be privatized

Treasury Secretary Scott Bessent is trying to walk back comments that Trump savings accounts for newborns could be a "backdoor" to start privatizing Social Security.

TheStreet on MSN · 4d

Secretary Bessent's Social Security remarks spark AARP outcry

Specifically, opposition to Social Security privatization has been an important part of the AARP's advocacy. The AARP’s resistance to privatizing Social Security was an urgent matter in the early 2000s, when President George W. Bush proposed a policy allowing workers to channel part of their payroll taxes into personal investment accounts.

AARP Press Room · 5d

AARP Statement on “Backdoor to Privatizing” Social Security

Today, AARP Senior Vice President of Campaigns John Hishta issued the following statement on Treasury Secretary Scott Bessent’s comments on a “backdoor to privatizing”

13don MSN

Growing share of retirees lean heavily on Social Security, AARP says

More than three-quarters of Americans fear Social Security won't provide enough to live on when they retire, AARP study finds ...

12don MSN

Young people always worry about Social Security. Older people are joining them.

Younger Americans tend to worry more about Social Security than older Americans. In the new AARP survey, 25% of people ages ...

AARP Press Room13d

New AARP Survey Shows Confidence in the Future of Social Security Among Younger Adults at 15-Year-Low

WASHINGTON─A new AARP report released today, ahead of Social Security’s 90th anniversary, reveals Americans’ confidence in the future of Social Security has declined by 7 percentage ...

8don MSN

Social Security confidence hits 15-year low as younger Americans increasingly lose faith in system

A survey by AARP revealed Americans' overall confidence in Social Security has dropped to 36%, with only 25% of younger ...

12don MSN

Most Americans think they know Social Security, AARP finds — but here's what they get wrong

As Social Security nears its 90th anniversary, Americans’ confidence in the future of the program has dropped. Here’s what to ...

AARP13d

Exclusive AARP Poll: Support for Social Security Stronger Than Ever, but Confidence in Program Lags

For much of the 20th century, financial security in retirement was predicated on Social Security, pensions and individual savings. Today, far fewer private-sector employers offer ...

WNEM on MSN5d

Advocates address future of social security amid 90th anniversary celebration

FLINT, Mich. (WNEM) - As AARP Michigan celebrates the 90th anniversary of social security, advocates believe the future of ...

2hon MSN

Dave Ramsey warns nearly 50% of Americans are making 1 big Social Security mistake — here’s what it is and 3 simple steps to fix it ASAP

With over 30 years of fielding listener calls and cultivating a devoted audience, Dave Ramsey has become one of the rare ...

3don MSN

Federal officials say Social Security benefits could be reduced by 2034

About 74 million people in the United States receive social security benefits, according to the Social Security ...

6don MSN

Social Security is making it harder for seniors to do routine tasks by phone in latest anti-fraud effort

Senior citizens soon won’t be able to simply call the Social Security Administration to change their address or check the ...

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