Which of the following statements best describes Americans' use of Social Security?
A)While many people receive Social Security benefits, very few Americans actually rely on them to meet basic needs.
B)Social Security, although not intended to be the sole source of funds during retirement, provides more than half of retirement income for many Americans.
C)Social Security provides enough money so that most Americans do not have to worry about saving for retirement.
D)Social Security only pays out funds to retired Americans.

Question

Quizplus · Accepted Answer

Social Security is a crucial component of retirement income for many Americans, often providing more than half of the income for retirees. It was designed to supplement retirement savings, not to be the sole source of income, but for many, it becomes a significant part of their retirement financial planning.

Which of the Following Statements Best Describes Americans' Use of Social