Social Security serves to provide income assistance for retirees, disabled individuals, and survivors of workers. It aims to reduce elderly poverty and acts as a social safety net for aging individuals.
The purpose of Social Security is to provide income assistance for retirees, support individuals unable to work due to disability, and offer benefits to legal dependents in case of the worker's death.
Workers contribute through Social Security taxes, which go into a trust fund to provide benefits such as retirement income, disability support, and survivor benefits to eligible individuals.
Social Security aims to reduce elderly poverty and serves as a social safety net for aging individuals in the United States.
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