Broadly speaking,Social Security redistributes incomes from high-to low-income individuals,from men to women,and from young to old.
A) True
B) False
C) Uncertain

Question

Quizplus · Accepted Answer

Social Security operates as a progressive system, redistributing income from those with higher lifetime incomes to those with lower lifetime incomes. It also provides greater benefits to women, who tend to have lower lifetime earnings due to factors such as time taken off for caregiving responsibilities. Additionally, it transfers income from younger workers to retired or disabled individuals.

Broadly Speaking,Social Security Redistributes Incomes from High-To Low-Income Individuals,from Men