Social Security
Social Security is a government program in the United States designed to provide financial support to individuals during retirement, as well as to those who are disabled or survivors of deceased workers. Funded through payroll taxes, it benefits workers who have paid into the system. When they retire, they receive monthly payments based on their earnings history. Social Security also includes programs for people with disabilities and provides assistance to the families of deceased workers. It's a critical source of income for millions, helping to reduce poverty among the elderly and vulnerable populations.
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Social Security is a government program that provides financial support to individuals when they retire, become disabled, or lose a family breadwinner. Funded through payroll taxes, it aims to ensure that people have a basic income to cover living expenses. When workers pay into the system during their careers, they earn credits that determine their eligibility for benefits. Social Security also provides benefits to survivors, helping families cope with the loss of a primary income. Overall, it serves as a safety net to promote economic stability and security for millions of Americans.