SOCIAL SECURITY  (CONT)

nothing about the anticipated balance in the trust fund at that point of $3.6 trillion," Kaplan noted.
In addition to raising many practical issues involving administration and investment options, the individual investment accounts proposed by President Bush would "only exacerbate" Social Security's potential financing difficulties.

What's more, "those who are attracted to the personal control and 'ownership' aspects of President Bush's proposed individual accounts have a more appealing alternative already available: the traditional Individual Retirement Account, or IRA," Kaplan wrote.

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