Estimates indicate that more than 45 percent of the elderly would have incomes below the federal poverty line in the absence of Social Security.

Question

Quizplus · Accepted Answer

This statement is true. Social Security provides a significant source of income for the elderly population in the United States, and without it, a large proportion of elderly Americans would be living below the federal poverty line.

Estimates Indicate That More Than 45 Percent of the Elderly