Which of the following is not true regarding Social Security?
A. Social Security is financed only by the employer contributions.
B. Social Security provides some health insurance coverage through the federal Medicare program.
C. Social Security benefits vary based on the previous year’s inflation, additional earnings, and recipient age.
D. To be eligible for Social Security, employees must be employed for a minimum of 40 quarters.
E. Social Security provides a source of income for American retirees, disabled workers, and surviving dependents of workers who have died.