When is the EARLIEST one who is eligible may receive benefits under the program?

A$)$ Give at least one reason they should wait

B$)$ Give at least one reason they shouldn$$t wait

It is said that the social security fund will be depleted by $2033.$ Please come up with at least $2$ solutions that could be implemented now to help delay this situation.

$3.$ A popular defined contribution plan for employees is a $401($k$))$ plan

A$)2$ employees, A who is $55$ years old and B who is $25$ years old make $$50,000$ each. How much of their salary can each of them contribute to a $401($k$)$ plan in $2022?$

Once again you will need to research outside the text to answer this.

B$)$ Same question but now A and B each only make $$20,000$ each.