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Social Security: A Simple Concept
Social Security is based on a simple concept. When you work, you pay taxes into the Social Security system, and when you retire or you become disabled, you, your spouse and your dependent children receive monthly benefits that are based on your earnings. And, your survivors collect benefits when you die.
Social Security Is More Than Retirement Most people think of Social Security as a retirement program. Although it's true that most of our beneficiaries (about 61 percent) receive retirement benefits, many others get Social Security because they are:
- Disabled;
- A spouse or a dependent of someone who gets Social Security; or
- A widow, widower or child of someone who has died.
- Depending on your circumstances, you may be eligible for Social Security at any age.
- Social Security pays more benefits to children than any other government program. Today, more than 45 million people, about one out of every six Americans, collect some kind of Social Security benefit
Where Your Social Security Tax Dollars Go Out of every dollar you pay in Social Security taxes:
- 85 cents goes to a trust fund that pays monthly benefits to retirees and their families and to about eight million widows, widowers and children of workers who have died;
- 15 cents goes to a trust fund that pays benefits to people with disabilities and their families.
Please note, we cannot properly consider your
case without a valid e-mail address.
Work History:
Social Security Claim Status:
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