Social Security benefits are a form of government-provided financial assistance to eligible individuals who have reached retirement age, become disabled, or have lost a spouse or parent who was eligible for Social Security benefits.

Social Security benefits are funded through payroll taxes paid by workers and employers, and the amount of benefits received is based on an individual’s earnings history and the age at which they begin receiving benefits.

Social Security benefits can include retirement benefits, disability benefits, survivor benefits, and supplemental security income (SSI) for low-income individuals.

Social Security benefits are intended to provide a basic level of income to eligible individuals to help cover the costs of living expenses such as housing, healthcare, and other essential needs.

Social Security benefits are administered by the Social Security Administration (SSA) and are an important source of income for many older Americans and individuals with disabilities.