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The United States Social Security Administration (SSA) is an independent agency of the U.S. federal government that administers Social Security, a social insurance program consisting of retirement, disability and survivor benefits.
In the United States, Social Security is the commonly used term for the federal Old-Age, Survivors, and Disability Insurance ( OASDI) program and is administered by the Social Security Administration (SSA). [1] The Social Security Act was passed in 1935, [2] and the existing version of the Act, as amended, [3] encompasses several social welfare ...
The government needs to make significant changes to get Social Security in a good place, and to do so, they need to keep the purpose and goal of the critical program top of mind.
Social Security is a program run by the federal government that provides income for a wide range of Americans, including retirees, the disabled and families with a deceased spouse or parent. As of ...
The Social Security Administration provides a simple example: Someone turning 62 this year might receive $700 a month, while the same person waiting until 70 could collect about $1,240 a month ...
The Social Security Act was enacted August 14, 1935 (88 years ago). The Act was drafted during President Franklin D. Roosevelt's first term by the President's Committee on Economic Security, under Frances Perkins, and passed by Congress as part of the New Deal.
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