Given the Current Tax Rate Structure and Promised Benefit Levels

question 198

Multiple Choice

Given the current tax rate structure and promised benefit levels, persons that are currently 40 years old or younger can expect to earn approximately what real rate of return on their Social Security contributions?

• A) 0 percent
• B) 2 percent
• C) 10 to 12 percent
• D) 15 to 20 percent

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Definitions:

Cooperatives

A type of organization owned and operated by a group of individuals for their mutual benefit.

Sole Proprietorship

A business owned and operated by a single individual, with no legal distinction between the owner and the business entity.

Limited Liability

A corporate structure where an individual's financial risk in the business is restricted to their investment in the company.