Which of the following is an indication that the government recognizes Social Security money will not provide you with ample funds for retirement?
A) The government has provided cost-of-living adjustments to Social Security recipients.
B) The government has invested the contributions in high-yielding investment securities.
C) The government has established incentives for workers to save their own money for retirement.
D) The government has passed legislation to require Social Security to maintain a balanced budget.

Question

Quizplus · Accepted Answer

Congress has authorized tax shelters for individuals saving for their own retirement. Individual retirement accounts IRAs, 401(k) plans, and Keogh plans all offer the benefit of postponing the tax liability of earnings on investments until the money is withdrawn at retirement.

Which of the Following Is an Indication That the Government