Which of the following is a recent trend observed in retirement plans in the United States?
A) Participation in retirement plans is declining as workers begin to rely more on Social Security.
B) Many companies have been switching from defined benefit plans to defined contribution plans.
C) More Americans are opting out of Social Security because of the low rates of return compared to private alternatives.
D) More employer retirement plans are beginning to switch from defined contribution plans to defined benefit plans.
Correct Answer:
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