Aging Population | Privatization of Social Security Harms Women

Replacing Social Security with individual investments would pose a significant financial threat to women, the National Organization for Women (NOW) argues in the following viewpoint. It contends that older women would be particularly at risk because they are more likely than men to live in poverty. According to NOW, while Social Security ensures these women receive a steady income, the value of private investments would fluctuate with the stock market. The organization asserts that Social Security should not be privatized but should instead be reformed to ensure that women are properly...

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