Social Security Administration
“Social security” defined is a government social welfare program that provides economic assistance to individuals faced with old age, retirement, disability, death, sickness, or unemployment financed by assessment of employers and employees. The Social Security Administration is the federal agency that administers the largest social insurance program in the United States and responsible for the social security system.
The term social security, in the United States refers to the programs established in the social insurance portion of the 1935 Social Security Act, which uses contributions made by employees and employers to provide income to people and their families during retirement or in the case of involuntary unemployment, disability, or death. It is essential that we have a clear understanding of the social security benefits that we can avail of.
Throughout ages people have been devising ways of supporting citizens who cannot provide for themselves. Moral and religious teachings encourage us to help others through our own goodwill. This is why the Social Security Administration is established to provide assistance to older citizens, those with disabilities and their dependents. By filing for social security disability claims, one can avail of the benefits that he/she is entitled to under the law.
This system is an answer to the needs of disabled and old people who are likely to continue with their lives with security. It helps by extending assistance to help them meet their future finances and other needs. It is the authority with regards to social security program implementation. Benefits under this program may also be entitled to the family or extended ones in case of death of the original benefactor. In this case the surviving family, spouse, children shall apply for benefits rightfully entitled to them.
Having a serious task, this administration holds full responsibility in taking care of the records of employees with social security plans reported to SSA. It keeps the social security death master up-to-date through data base. This is also used by leading government, financial, investigative or credit organization, medical search and other industries to avoid fraud.
Your assistant in gaining rightful benefits
The US Social Security Administration can help you know your benefits and protect your interest by providing you good service and help you meet the requirements to entitle you to receive benefits. For instance, people who have worked for a living can always avail of the Old age, Survivors’, and Disability Insurance (OASDI) and Medicare provide support during their older years and when they have stopped working.
The OASDI program provides benefits for the aged, for the disabled, and for survivors of deceased workers. Financing for the cash benefits for OASDI comes from allocated payroll taxes levied on employees, their employers, and the self-employed. The rate of these contributions is based on the taxable earnings of employees, up to a maximum taxable amount, with the employer contributing an equal amount. Self-employed people contribute twice the amount levied on employees. Click here to know more about social security administration SSI disability.
The Unemployment Compensation program provides monetary support for people who have lost jobs. Unemployment Compensation provides temporary financial aid during periods between jobs. SSI provides income to people who cannot work for various reasons.
The Employment Service program (established prior to the Social Security Act) provides training and job-finding services for people seeking work. Under the Supplemental Security Income program (SSI), the federal government provides payments to elderly, blind, or disabled individuals with low income. So save yourself from financial worries. Our organized plans and programs will help you secure your future financial worries.
If you wish to get a list of social security administration offices, click here. Or you may visit the social security administration website.
There are some more related topics worth discussing under this subject:
One related issue to discuss is the social security administration fraud line. Identity theft, including the misuse of Social Security numbers, names, driver’s licenses, bank accounts, PIN numbers and credit/debit card numbers, is one of the fastest-growing crimes for all Americans, young or old. Read more on this topic.
Social security administration name change deals with changing your name you have registered under your social security account. This topic is also worth reading in case you need information about it.
Some examples of Social Security Administration Benefits are Medicaid Program, Medicare Program, Senior Community Service Employment Program Social Security Divorced Spouse Benefits Social Security Parent's Insurance Benefits.
To know more about the social security administration forms available, read on.