Studies clearly indicate that Social Security has had a significant adverse effect on savings.

Question

Quizplus · Accepted Answer

Most studies suggest that Social Security has a mixed or modest impact on personal savings, with many finding that it does not significantly reduce overall savings rates among individuals. The program provides a safety net that may alter how some people save, but it does not generally lead to a significant decrease in personal savings.

Studies Clearly Indicate That Social Security Has Had a Significant