The solvency of Social Security can be extended if
A)the retirement age is reduced.
B)the cap on taxable earnings is lowered.
C)the trust fund invests in private corporate securities.
D)the tax rate is reduced.

Question

Quizplus · Accepted Answer

Investing the Social Security trust fund in higher-yield assets such as private corporate securities could potentially increase the returns on its investments, thereby extending the solvency of the program. This approach involves more risk but could help in addressing funding shortfalls.

The Solvency of Social Security Can Be Extended If