What is the MAIN difference between the U.S. retirement philosophy and the German approach?
A) The United States puts the main burden on saving for retirement on the individual.
B) The United States wants older people to retire in comfort.
C) Germany discourages retirement at any age.
D) Germany wants more people to retire at a young age.

Question

Quizplus · Accepted Answer

The main difference between the U.S. retirement philosophy and the German approach is that the United States puts the main burden on saving for retirement on the individual. In Germany, retirement savings are typically collected through a mandatory, earnings-related pension system where both employers and employees contribute to the retirement fund.

What Is the MAIN Difference Between the U