nathalie059 nathalie059

26-05-2024
Business

Answered

What is the purpose of Social Security?
To provide income assistance for retirees
To provide income assistance for families
○ To provide tax breaks for employees
O To provide tax breaks for employers

Answer :

GinnyAnswer GinnyAnswer

26-05-2024

Final answer:

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.

Explanation:

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.

Learn more about Social Security here:

https://brainly.com/question/31778617

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