Social Security

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Social Security is a government program in the United States that provides financial assistance to eligible individuals, including retirees, disabled individuals, and certain family members of deceased workers.

Social Security is funded through payroll taxes paid by workers and their employers, and the benefits provided are designed to provide a basic level of income support during retirement or in the event of disability or death.

Social Security benefits are based on the worker’s earnings history, and the number of benefits received may vary depending on factors such as the worker’s age at retirement, years of work, and earnings history. Social Security also provides other benefits, such as survivor benefits and disability benefits.

The program is administered by the Social Security Administration, a federal agency that is responsible for processing claims and managing benefit payments.

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