Social Security is
A) an insurance program operated by the federal government.
B) a retirement program that invests the person's contributions into interest-earning financial assets so the proceeds can fund the person's retirement.
C) a social insurance program that guarantees that an elderly person will never fall below the poverty level.
D) an intergenerational transfer program that only vaguely relates to past earnings.
Correct Answer:
Verified
Q219: Current income maintenance programs
A) often provide benefits
Q220: Which of the following statements is FALSE?
A)
Q221: In an attempt to reduce the poverty
Q222: The USDA threshold income level was originally
Q223: The government program that provides aid to
Q225: The _ program was created in 1975
Q226: The program that was created to provide
Q227: All of the following are governmental efforts
Q228: The official poverty level is based on
Q229: Official poverty rates in the last 40
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