A Comparative Policy Study of Social Security and Tax-Deferred Retirement Savings Plan Legislation

Abstract

This research is a comparative policy study of Social Security legislation, including Medicare, and tax-deferred retirement savings plan legislation. Specifically, the study sought evidence that would indicate whether the systems are independent, work together, reinforce one another, conflict with one another, or work against one another. Additionally the research looked at whether the original intent of the legislation had been fulfilled. Research indicates that employees need additional pre-retirement education so they learn to save more and invest wisely to maximize their earnings potential.