About the Project on Social Security Choice [Project Director] [Project Co-Chairmen] [Project Board] The Cato Institute has a long history of seeking alternatives to the current Social Security system. Since 1979 the Cato Institute has published more than 40 books, articles, and reports outlining the program's problems and crafting innovative policy solutions. On August 14, 1995, the Cato Institute launched its Project on Social Security Choice, the largest undertaking in the organization's history. The objective of the project find email address missing life insurance policy is to formulate a viable blueprint allowing individuals the opportunity of owning their own retirement account. The project publishes books, studies, and articles and holds conferences. The Cato Institute's experts examine the problems facing the current system, the methods that can be used to move towards a system of personal retirement accounts, and the effects that a new system would have on workers. The Cato Project on Social Security Choice has developed a market-based alternative to the genealogy search engines missing life insurance policy current Social Security system. Rather than paying taxes into a government-owned fund, workers should be allowed to redirect their payroll taxes into individually owned, invested accounts, similar to 401(k) plans and Individual Retirement Accounts. The benefits of adopting a private retirement system based on savings, investment, and personal ownership include: A substantial increase in retiree incomes as a result of higher returns on payroll taxes. The potential to eliminate poverty among retirees. Worker empowerment. Personal control. Greater missing life insurance policy missing life insurance policy retirement security. Provides a death benefit to loved ones in the event of premature death. Gives workers the ability to pass down wealth directly to their children. An unprecedented burst of economic growth. The Cato Institute has outlined the following principles for reform: Solvency is not enough. Workers deserve the best possible deal for their dollar. With Social Security facing a financial crisis--it will begin running a deficit in just 15 years--much of the attention has been focused on ways career search engines missing life insurance policy to keep
