Question
1.What makes the US Social Security pension (SS) an annuity? It is financed by the SS Trust Fund. It will pay benefits until 2034, approximately,
1.What makes the US Social Security pension (SS) an annuity?
It is financed by the SS Trust Fund.
It will pay benefits until 2034, approximately, and not after that.
It pays benefits to a recipient until she/he dies.
It pays benefits to a retiree unless she/he works.
The other answers are incorrect.
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Fundamentals Of Corporate Finance
Authors: Robert Parrino, David S. Kidwell, Thomas W. Bates
5th Edition
1119795435, 978-1119795438
