what is the most widely used source of retirement income?\na. pensions\nb. social security\nc. employer…

what is the most widely used source of retirement income?\na. pensions\nb. social security\nc. employer 401(k) plans\nd. individual retirement accounts (iras)

what is the most widely used source of retirement income?\na. pensions\nb. social security\nc. employer 401(k) plans\nd. individual retirement accounts (iras)

Answer

Brief Explanations:

Social Security is a government - run program in many countries and is accessible to a large number of retirees. It provides a basic level of income security and is more widespread compared to pensions (which may not be available to all employees), employer - sponsored 401(k) plans (which depend on employer offerings), and individual retirement accounts (which require personal initiative and financial knowledge to set up and contribute to).

Answer:

B. Social Security