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7. What kind of problem(s) is the U.S. Social Security/defined benefit plan/defined contribution plan system facing respectively? What is(are) the challenge(s) in solving the problem(s)?

7. What kind of problem(s) is the U.S. Social Security/defined benefit plan/defined contribution plan system facing respectively? What is(are) the challenge(s) in solving the problem(s)?

Most employees do not have sufficient knowledge and the skill

  • Financial crisis

Low interest rate led to risky investments

Save too little and too late

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