đź’¨ Abstract
Pope Francis, the first Latin American pontiff, has passed away at the age of 88, according to the Vatican. The article discusses the potential for privatizing Social Security, a proposal that has been previously considered. If implemented, Social Security funds would be managed by private entities, similar to Medicare Advantage. Privatization could provide higher returns on investments but may also pose risks, such as market instability and potential harm to vulnerable beneficiaries.
Courtesy: wtop.com
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