information for practice

The United States needs a new conversation about how Social Security is part of the solution to the growing economic risks American workers face. The key question for policy makers is: How can we build on the strengths of Social Security—its fiscally responsible design, its universality, progressivity, efficiency, and its effectiveness–to meet the needs of working families in the 21st century? As employers shift away from traditional pensions to 401(k) plans, workers shoulder more financial risks. Social Security offers employers what they want—freedom from financial risk and fiduciary burdens—and it provides workers with what they need—economic security.