Which act established a program to provide continuing retirement income?

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Multiple Choice

Which act established a program to provide continuing retirement income?

Explanation:
The idea being tested is identifying which law created a system that provides ongoing retirement income. The Social Security Act established a nationwide program of retirement benefits funded by payroll taxes, delivering monthly payments to workers after they retire. This isn’t a one-time payout; it provides continuing income for the rest of a person’s life (and also benefits for survivors and disabled workers). The other named acts don’t correspond to a real federal law that set up ongoing retirement-income benefits.

The idea being tested is identifying which law created a system that provides ongoing retirement income. The Social Security Act established a nationwide program of retirement benefits funded by payroll taxes, delivering monthly payments to workers after they retire. This isn’t a one-time payout; it provides continuing income for the rest of a person’s life (and also benefits for survivors and disabled workers). The other named acts don’t correspond to a real federal law that set up ongoing retirement-income benefits.

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