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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.
The Social Security program in the United States pays benefits to three broad categories of individuals: retired individuals and some family members, disabled persons and some family members, and survivors. Within these broad categories, the program defines more specific types of beneficiaries.
In 2009, nearly 51 million Americans received $650 billion in Social Security benefits. The effects of Social Security took decades to manifest themselves. In 1950, it was reported that as many as 40% of Americans over 65 were still employed in some capacity, but by 1980 that figure had dropped to less than 20%.
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.
The SSA is the federal government agency that, since 1935, has been managing the various programs that are part of Social Security. These programs are designed to help U.S. citizens and residents ...
Lorie Konish, CNBC. May 10, 2024 at 10:20 AM. Nam Y. Huh. The Social Security Administration is set to implement new rules to make it easier for beneficiaries to access certain benefits and...