Which of the Following Statements About Social Security Is True

Multiple Choice

Which of the following statements about Social Security is true?

A) The Social Security program offers retirees retirement benefits for up to 20 years after retirement.
B) Social Security is funded with income tax revenues.
C) Social Security requires workers to contribute to an account that is held in their name at the Treasury and invested in government and highly rated private sector bonds.
D) Social Security transfers income from current workers to current retirees.