Do you think Social Security coverage should be voluntary? Explain.

Question

No.

•If given an option, many employees may not opt for any coverage.

•Low-income workers may not have the advantage in other coverage.

•People may not save for their retirement and will need welfare. SS is not need based. Eliminate soup kitchen as it was during the depression in 1935.

info i found

Answer 1

This is a very nuanced question and there is no right answer. However, the answer provided is not complete or thorough enough. I would add reasons why it would be better to allow for an opt out and counter those points with the points made here. Depending on where someone falls on the political spectrum, the answer may look very different. For example, someone could argue that allowing people to opt out will allow them to save more money themselves and thus reduce the need for social security for these people at a later age. Please message me if you require further explanations as entire papers can be written on the subject :D