How personal accounts secure your grandchildren’s future.

The Social Security system cannot fulfill the promises it has made to your grandchildren. Funds in the current system will be exhausted by the time young Americans are ready to retire which means, unlike you, your grandchildren will not get the benefits check they are expecting.

• Personal retirement accounts increase young Americans’ retirement income.
• Personal retirement accounts yield high rates of return and big benefits.
• Personal retirement accounts can be inherited by your great-grandchildren and great-great grandchildren.

Personal accounts will give young Americans confidence in the size and source of their retirement income because they are the ones that own their account. By controlling their own savings and investing it to help it grow, young Americans are guaranteed retirement income from their personal account. Considering that the current system cannot afford to pay promised benefits, you can see why personal accounts are the best bet for today’s young workers.

Personal accounts would safely invest a fraction of payroll taxes into conservative index funds. It’s no different than a 401k. Compare this to the current system, which gives younger generations a negative return and can’t even afford to pay promised benefits, and you can see why personal accounts are the best way to create strong retirement benefits in the future.

Personal accounts also offer the unique opportunity to create intergenerational wealth. Because individual workers own accounts, savings can be passed along to future generations. Under the current system, if a worker passes away the government keeps the Social Security taxes the worker paid into the system. Imagine the legacy your great-grandchildren and great-great grandchildren could inherit with personal retirement accounts and you can see why personal accounts are the best option for the future.

The current system is unreliable and unfair to young Americans. Show your support for your grandchildren by joining Students for Saving Social Security as a supporter of our efforts and of personal accounts.