Workers Compensation, law assignment help

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Under the present law, the Federal government manages the Social
Security program, while 401(k) plans are managed by the individual
owners or by private firms. There is a proposal to allow individuals to
manage part of their own Social Security accounts. Under this proposal,
individuals could invest a portion of their Social Security funds in the
stock market or in other investments.

  • Is this proposal a good idea? Why or why not?
  • What are the pros and cons?
  • Do you believe the government has done a prudent job in managing social security to date? Explain.
  • If individuals are permitted to engage in investment of their
    Social Security funds, should the government still set restrictions on
    the nature and type of investments?
  • Is there any sound basis to conclude that individuals would have
    greater success with investment of Social Security funds than the
    government?