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The Purpose of the Social Security Trust Fund Created in 1983

Question 16

Multiple Choice

The purpose of the Social Security Trust Fund created in 1983 was to:


A) create private accounts for taxpayers born after 1964.
B) transform social security from a pay-as-you-go system to a fully funded pension plan.
C) build a surplus to help fund benefit payments to retirees born between 1946 and 1964.
D) prevent the federal government from using payroll tax revenues to fund other programs.

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