Social Security was never intended to be the sole source of income for people in retirement.

Name: Social Security was never intended to be the sole source of income for people in retirement.
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Question

Quizplus · Accepted Answer

Social Security was designed to supplement retirement income, not to provide the entire amount needed. Therefore, individuals are encouraged to have additional sources of income and savings, such as a 401(k) or IRA, to support them in retirement.

Social Security Was Never Intended to Be the Sole Source