How personal accounts secure your retirement income.

Senior citizens would not be harmed if younger generations were able to open Personal Retirement Accounts. In fact, all generations would benefit—even those in or near retirement.

• Personal Retirement Accounts will not cut your benefits.
• Personal Retirement Accounts will not weaken the current system.
• Personal Retirement Accounts benefit you by helping the U.S. economy grow.

Personal accounts will secure your retirement benefits because they do not call for a reduction in current benefits. Policymakers know you worked hard to earn the benefits you are receiving, and no one will take your money away. In fact, none of the dozens of reform proposals put forth by Congress change you benefits in the slightest. What’s more, because the current system has surplus funds, that money can be used to pay your benefits making reductions unnecessary. However, the longer we wait to create personal accounts, the faster the surplus will diminish, and the harder the transition will be. Supporting personal accounts today secures your benefits now and in the future.

Personal accounts would supplement the current system in order to improve, not weaken, Social Security. Personal accounts provide younger generations with an additional means to save for retirement. By allowing workers to build up a large retirement nest egg today, they will not be subject to the harsh failures of a broken system tomorrow. Supporting personal accounts can strengthen retirement now and in the future.

Personal accounts are good for retirees and workers alike because they strengthen the economy. With a personal account, workers will be able to invest a portion of their earnings in the U.S. economy; these investments will help increase GDP and boost growth. As the economy grows, society becomes more productive and the standard of living will rise for all Americans. Supporting personal accounts will create a better retirement in the future and a better economy today.

With the support of all generations, personal accounts would secure your benefits, create a reliable retirement system, and improve the economy. Sign up as a supporter of Students for Saving Social Security, and join us in the fight for Personal Retirement Accounts today!