Steve Forbes, former presidential candidate and chair of Forbes Media, told Newsmax on Thursday that President Donald Trump should pursue Social Security reform that gives younger Americans better returns through personal retirement accounts.

Appearing on “Finnerty,“ Forbes said Social Security reform could be both politically popular and economically necessary, provided it avoids cutting benefits for current and near-term retirees.

“You don’t have to change benefits for those people who are on the system [or] are about to go on the system,” Forbes said. “But for younger people, bring in a new system where part or whole of their payroll tax goes to their own personal retirement accounts.”

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