Which of hte following is not true concerning the US social security system ...

90.2K

Verified Solution

Question

Finance

Which of hte following is not true concerning the US social security system
The amount of contributions to social security has recently been less than the amount needed for retirement benefits, causing the social security trust fund to decline.
The money you contribute to social security is invested in an account specifically for your retirement
The money currently contributed to social security is used to pay benefits for individuals currently receiving social security

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students