Asked by Brooke Bradley on May 08, 2024
Verified
The single largest source of income for older people in the United States is
A) pensions.
B) savings and other assets.
C) Social Security.
D) earnings from work.
Older People
Individuals who are in an advanced stage of life, often characterized by increased experience, wisdom, and possibly facing unique health and social challenges.
Social Security
A government program designed to provide financial support to individuals during retirement, disability, or upon the death of a breadwinner.
Pensions
Retirement plans or systems that provide financial benefits to individuals, often after years of employment, based on their earnings and contributions.
- Understand the financial dimensions linked to aging, recognizing income sources and the prevalence of poverty in the elderly population.
Verified Answer
Learning Objectives
- Understand the financial dimensions linked to aging, recognizing income sources and the prevalence of poverty in the elderly population.
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