8 3.5 pts The replacement rate of Social Security is modestly progressive in its distribution of benefits. Complete the following blanks to identify the approximate percentage at which wage replacement at the point of retirement occurs in 2020 for lower income %, middle income levels %, and higher income levels levels %. Question 9 Which of the following statements is TRUE about what happens to the surplus of payroll taxes generated by Social Security? The surplus money is invested into the stock market to grow until it is needed. The surplus money is deposited into individual workers' personal savings accounts. O The surplus money is used to buy U.S. Treasury notes. The surplus money is deposited into supplemental retirement accounts for current beneficiaries. O The surplus money is deposited into the General Fund. 1 pts