How Might Social Security Privatization Impact the Stock Market?

Imagine a scenario in which Social Security taxes are withheld from your paychecks, but instead of trusting the government to look after the money for you, an investment account is opened in your name, and you're responsible for how your Social Security savings are invested. That's Social Security privatization.The pros and cons of privatization have been debated for decades since President George W. Bush first suggested a plan to convert the current Social Security system. Although no one can see the future, here's a peek at how Social Security privatization could affect the stock market.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool