Privatizing Social Security would negatively impact higher income, unmarried workers.

Question

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Privatizing Social Security would give individuals more control over their retirement savings and potentially lead to higher returns. However, it could negatively impact lower-income and minority workers who benefit from Social Security's redistributive nature. Higher income, unmarried workers may also be negatively impacted because privatization would remove the spousal and survivor benefits that Social Security currently provides.

Privatizing Social Security Would Negatively Impact Higher Income, Unmarried Workers