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how do social security fits into your retirement plan. There are concerns that Social Security may have trouble paying full benefits in the future.
Weegy: Social Security is a mandated supplemental retirement system in the US that was established in 1935 as part of Roosevelt's New Deal. [ [ It was motivated largely by the events of the Great Depression, which saw many Americans out of work and the nation's retired elderly often left in the direst of poverty. The intent of the Social Security program is to ensure a threshold subsistence level below which any worker who had paid into the program cannot fall. ] ] (More)
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Asked 12/16/2010 2:41:15 PM
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What type of account is held by the mortgage lender and used to cover property taxes and homeowner's insurance? A. reserve account. B. tax account. C. escrow account. D. assessed account
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Updated 1/13/2015 5:50:21 AM
1 Answer/Comment
An escrow account is held by the mortgage lender and used to cover property taxes and homeowner's insurance.
Added 1/13/2015 5:50:21 AM
This answer has been confirmed as correct, not copied, and helpful.
Confirmed by sujaysen [1/13/2015 5:58:59 AM]
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