The President’s Commission to Strengthen Social Security
calls for the establishment of “voluntary personal accounts” in which
workers would own their contributions and be able to pass them on to
heirs. The group has developed three model accounts and says any of
them would bolster Social Security’s financial stability and increase
benefits to participants. ( www.commtostrengthensocsec.gov/reports/Final_report.pdf
)
SPONSORED QUIZ
How well do you know small business?There are over 30 million small businesses in the U.S., and many of them are optimistic in their outlook. Are you familiar with the obstacles and opportunities they are facing? Test your small business acumen with this quiz sponsored by Chase Ink®.
SPONSORED REPORT
In focus: PayrollProviding payroll services that comply with ever-changing regulations and meet evolving employee and employer demands is no easy task. Paychex's Tom Hammond discusses common payroll considerations for CPA firms.