What was the problem with Social Security at the end of the twentieth century?
A)A majority of Americans no longer needed it since prosperity levels had increased so much since the New Deal.
B)A majority of Americans opted out of it since they could obtain better retirement funds in the stock market.
C)The "baby boom" generation and longer life expectancy were drawing down reserves.
D)Identity fraud had made the entire social security databank corrupt and unreliable.

Question

Quizplus · Accepted Answer

The problem with Social Security at the end of the twentieth century was primarily due to the "baby boom" generation nearing retirement age and overall longer life expectancies, which put a strain on the system's financial reserves.

What Was the Problem with Social Security at the End