What makes the US Social Security pension (SS) an annuity
Answer C : It pays benefits to a recipient until she/he dies.
Economists estimate that US SS reduces personal saving mainly because
Answer b : SS reduces the need to save for emergency expenses.
Which of the following gives the strongest support for the claim that US SS reduces personal saving by less than 40%?
Answer d: Almost no US saving is precautionar
The SS Trust Fund is expected to be depleted by 203 If that happens and the benefit formula and payroll tax rate are not changed by 2034, then in 2035,
Answer C:
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