Answered

Which executive agency provides people with retirement income?

A. The Department of Labor
B. The Department of Commerce
C. The Social Security Administration
D. The Securities and Exchange Commission



Answer :

GinnyAnswer

Final answer:

The Social Security Administration is the executive agency that provides retirement income through the Old-Age, Survivors, and Disability Insurance program funded by payroll taxes.


Explanation:

The executive agency that provides people with retirement income is the Social Security Administration. It primarily offers the Old-Age, Survivors, and Disability Insurance program funded through payroll taxes.

This agency ensures monetary benefits for retirees, spouses, surviving dependent children, and disabled workers.

The Social Security Administration is recognized as an independent executive agency within the federal government.


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