Privatizing Social Security: Not Many Dividends for Women

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Women would get a dandy deal from privatization of the Social Security system.

Or would they?

Two new graduates of the Kennedy School of Government, Harvard University, maintain they would.

"Virtually all women would be better off (many significantly) under a system of individually owned, privately invested accounts than under the current Social Security system," Ekaterina Shirley and Peter Spiegler write in a new study.

But whoa!

Women better look at the study's assumptions before buying this view.

More likely, privatization would increase the risk of retired women living in financial misery.

Notes a study by the Institute …