Multiple Choice QuestionThe largest pension fund in the United States is ______.Multiple choice question.the FDICa Roth IRAMedicareSocial Security
Question
Solution
The answer is Social Security.
Here's why:
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The FDIC (Federal Deposit Insurance Corporation) is not a pension fund. It is a government agency that provides insurance on deposits in banks.
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A Roth IRA (Individual Retirement Account) is a type of retirement savings account, not a pension fund. It is individual-based, not a collective fund.
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Medicare is a federal health insurance program, not a pension fund.
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Social Security is the largest pension fund in the United States. It is a government program that provides retirement, disability, and survivor benefits to workers and their dependents.
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