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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 ...
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You pay tax on your earnings up to $168,600 (in 2024), and the rate varies depending on your employment status: If you work for someone else, you pay 6.2 percent and your employer pays 6.2 percent.
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If you would like the most up-to-date information possible, you should sign up for a “my Social Security” account online at www.ssa.gov. Sign into your account, scroll down to the...
In the United States, a Social Security number ( SSN) is a nine-digit number issued to U.S. citizens, permanent residents, and temporary (working) residents under section 205 (c) (2) of the Social Security Act, codified as 42 U.S.C. § 405 (c) (2). The number is issued to an individual by the Social Security Administration, an independent ...
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