Social Security (United States)
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). The Social Security Act was passed in 1935, and the existing version of the Act, as amended, encompasses several social welfare and social insurance programs.
Payroll tax rates history
For people in the bottom fifth of the earnings distribution, the ratio of benefits to taxes is almost three times as high as it is for those in the top fifth.
Single men with different wages and retirement dates
Net lifetime SS benefits of married men and women where only one person works
Social Security Administration
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. To qualify for most of these benefits, most workers pay Social Security taxes on their earnings; the claimant's benefits are based on the wage earner's contributions. Otherwise benefits such as Supplemental Security Income (SSI) are given based on need.
President Franklin D. Roosevelt signs the Social Security Act of 1935 (August 14, 1935)
One part of SSA headquarters in Woodlawn, Maryland
Another view of SSA headquarters in Maryland
The two buildings in the center, part of Lefrak City in Rego Park, Queens, housed the Northeastern Program Service Center until ...