Question

What is Social Security?

Answer 1

Social Security is based on a simple concept: While you work, you pay taxes into the Social Security system, and when you retire or become disabled, you, your spouse, and your dependent children receive monthly benefits that are based on your reported earnings.

Answer 2

Social security is the protection that a society provides to individuals and households to ensure access to health care and to guarantee income security. In cases of old age and unemployment