Did ROK stock split?

Written by Admin | Last Updated: July 2026

President Ronald Reagan's administration oversaw changes to the taxation and benefit structures of Social Security, but he did not "use" the money in the sense of a personal diversion of funds. In 1983, his administration implemented reforms that included raising the full retirement age and making Social Security benefits taxable for retirees exceeding a certain income threshold. These measures were designed to ensure the solvency of the Social Security system amidst concerns regarding its future sustainability. While these changes were controversial and affected the take-home benefits for some retirees, they were policy-based adjustments intended to manage the long-term fiscal health of the social insurance program, not an act of individual misuse of funds.

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