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Which of the following is true of Social Security and Medicare? Multiple Choice Most retirees are not eligible to receive Social Security benefits. Eligibility requirements

Which of the following is true of Social Security and Medicare? Multiple Choice Most retirees are not eligible to receive Social Security benefits. Eligibility requirements make sure that all Social Security beneficiaries have an absolute economic need for the benefit. Families in the top fifth of the income population receive more in Social Security and Medicare benefits than the government spends in total on TANF, SSI, food stamps, and housing subsidies for the poor. Spending on TANF and SSI exceeds the total of all spending on public assistance programs. Social Security income is decided as follows: the lower your income while working, the larger your Social Security benefit upon retirement

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