Which of the following is potentially an option to save Social Security?
A)Increasing the payroll tax rate
B)Increasing the age required for full-time benefits.
C)Implementing means testing
D)all of the above

Question

Which of the following is potentially an option to save Social Security?
A)​Increasing the payroll tax rate
B)​Increasing the age required for full-time benefits.
C)​Implementing means testing
D)​all of the above

Quizplus · Accepted Answer

All of the above options are potentially viable solutions to help save Social Security. Increasing the payroll tax rate would generate more revenue for the program, increasing the age required for full-time benefits would reduce the number of beneficiaries and their longevity on the program, and implementing means testing would ensure that only those who truly need Social Security benefits receive them. However, the best choice may depend on various factors and require a combination of different solutions.

Which of the Following Is Potentially an Option to Save