The Social Security system was originally intended to be
a. a finite program during the Great Depression.
b. funded by the previous generation to pay for this generations current retirees.
c. a stock option.
d. a pay-as-you-go system.
e. funded by current workers who pay for their own retirement.
Question 2
Not only do Individual Retirement Accounts provide an extra retirement cushion but they also help to contribute to the economy by ensuring
a. that retirees will be able to live in private facilities rather than publicly funded retirement homes.
b. a stream of investment capital continues to flow into publicly traded companies on the stock market.
c. money continues to grow tax-free, putting money back into local economies.
d. that banks will be able to employ people to handle these accounts.
e. that banks will receive funding from fees paid on investment withdrawals.
