Marion Owns Substantial Financial Assets

question 32

Multiple Choice

Marion owns substantial financial assets.She was surprised that she qualified for Social Security retirement benefits when she retired because of her high investment income.What characteristic of social insurance programs is Marion overlooking with respect to her Social Security retirement benefits?

• A)Social insurance programs are financially self-supporting.
• B)Social insurance program benefits are loosely related to earnings.
• C)Social insurance benefits are not means tested.
• D)Full funding of social insurance programs is unnecessary.

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Definitions:

Long-Term Healthcare

A range of services that support the medical and non-medical needs of people with chronic illnesses or disabilities over an extended period.

Obstetrician

A medical doctor specializing in pregnancy, childbirth, and the postpartum period, providing care for both the mother and fetus.

Endocrinologist

A physician specialized in diagnosing and treating disorders of the endocrine system, which includes glands that produce hormones.

Pediatrician

A medical doctor specializing in the care, diagnosis, and treatment of children’s diseases and conditions from infancy through adolescence.