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Social Security: Capital Markets and Educational Issues Associated With Individual Accounts

GGD-99-115 Published: Jun 28, 1999. Publicly Released: Jun 28, 1999.
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Highlights

Pursuant to a congressional request, GAO provided information on the issues associated with individual social security accounts, focusing on how such accounts could affect: (1) private capital and annuities markets as well as national savings; (2) potential returns and risks to individuals; and (3) the disclosure and educational efforts needed to inform the public about such a program.

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Economic analysisFinancial managementInformation disclosureInvestmentsPensionsRetirement benefitsSocial security benefitsStocks (securities)Bid proposalsBond market