Which statement applies to the Social Security system?

Question

Quizplus · Accepted Answer

The Social Security system is financed by payroll taxes on employees and employers, which means that a percentage of an employee’s salary and a matching percentage of the employer’s contribution goes into the system to fund future benefits.

A) Benefits are not paid on the basis of need but rather on a person's lifetime earnings and the age at which they retire or become disabled. 
B) Cash assistance for families with dependent children is provided through a different program called Temporary Assistance for Needy Families (TANF). 
D) Benefit levels are standardized across the country, with slight adjustments for cost-of-living differences. The Social Security system is administered by the federal government, not individual states.

Which Statement Applies to the Social Security System