|
In the United States, Social Security refers to the federal Old-Age, Survivors, and Disability Insurance (OASDI) program. The original Social Security Act (1935) and the current version of the Act, as amended encompass several social welfare and social insurance programs. The larger and better known programs are:
U.S. Social Security is a social insurance program funded through dedicated payroll taxes called Federal Insurance Contributions Act (FICA). Tax deposits are formally entrusted to the Federal Old-Age and Survivors Insurance Trust Fund, the Federal Disability Insurance Trust Fund, the Federal Hospital Insurance Trust Fund, or the Federal Supplementary Medical Insurance Trust Fund. The main part of the program is sometimes abbreviated OASDI (Old Age, Survivors, and Disability Insurance) or RSDI (Retirement, Survivors, and Disability Insurance). When initially signed into law by President Franklin D. Roosevelt in 1935 as part of his New Deal, the term Social Security covered unemployment insurance as well. The term, in everyday speech, is used to refer only to the benefits for retirement, disability, survivorship, and death, which are the four main benefits provided by traditional private-sector pension plans. In 2004 the U.S. Social Security system paid out almost $500 billion in benefits. By dollars paid, the U.S. Social Security program is the largest government program in the world and the single greatest expenditure in the federal budget, with 20.8% for social security, compared to 20.5% for discretionary defense and 20.1% for Medicare/Medicaid. Social Security is currently the largest social insurance program in the U.S., constituting 37% of government expenditure and 7% of the gross domestic product and is currently estimated to keep roughly 40% of all Americans age 65 or older out of poverty. The Social Security Administration is headquartered in Woodlawn, Maryland, just to the west of Baltimore. Social Security privatization became a major political issue for more than three decades during the presidencies of Gerald Ford, Jimmy Carter, Ronald Reagan, George H. W. Bush, Bill Clinton, and George W. Bush. A Social Security card issued in Florida in 1982From Wikipedia under the
GNU Free Documentation License How much is the budget for social security in the united states compared to the defense budget? Q. I'd like to find out how much of our national budget goes for defense and how much for social security? I'd love to see graphic representations of this if possible. Asked by thom - Wed Jun 17 00:04:29 2009 - - 1 Answers - 0 Comments A. The website listed below indicates under "funding highlights" that the Department of Defense has 533.7 billion dollars (no dollar values listed under National Intelligence and under Homeland Security which are related) and Social Security has 11.6 billiion dollars. The DoD portion increased 4 percent since the former year and the SS portion increased 10 percent since the former year. For a graphic representation: 1) Place a checkerboard in front of you. 2) Cover the top row and cover the column on the right. Now look only at the remaining 7 by 7 board. 3) Cover the upper left and lower right squares. Now look only at the remaining squares. 4) The lower left square is the Social Securiity budget. All remaining uncovered squares… [cont.] Answered by JJWJ - Wed Jun 17 14:55:42 2009 should the pension plans for the united states social security, UK & canadian pension services be privatized? Q. Finance guru Earl Matthews (founder of aid4families.com) has set his sights on revolutionizing the pension plans of several countries. Like many of his brethren, David Filo and Jerry Yang (founders of Yahoo), Larry Page and Sergey Brin ( founders of google), and Chris Dewolf & Tom Anderson ( founders of Myspace), a generation that grew up under the likes of Steve Jobs and Bill Gates, seem determined to change every aspect of society. It seems odd that while we are talking about the government being involved in universal health care and at the same time private savings accounts and privatizing pensions. The government may get your teeth fixed until you are 90 but the money for food to use those teeth on will be up to you to find. Do you… [cont.] Asked by under_fire53 - Mon Aug 13 14:35:07 2007 - - 4 Answers - 0 Comments A. Do what you will with your American social security, but we are quite happy with the way things are in Canada. And yes, contrary to the B.S. you hear in the U.S. our health care is the envy of those who know what they are talking about. Answered by bgee2001ca - Fri Aug 17 22:22:41 2007 how can person get social security number that is from other country to work in the united state?
Q. how can i apply for social security number what r the requirment to get it and work in the usa Asked by terry_bent99 - Sun Oct 1 22:50:37 2006 - - 6 Answers - 0 Comments A. just use someones else...that Illegal Mexicans do all the time and it seems to work fine...Actually 20 million or so of them are doing it so it has to work because if it was a issue then someone would be fixing this issue...so I say jut use someone elses...how about using mine so thet i get more money from my govt when i retire...lol Answered by chui - Sun Oct 1 23:00:36 2006 From Yahoo Answer Search: "Social Security (United States)" See also:
 news.google.com RushLimbaugh.com (subscription) "When signed into law, the act will exempt employers from paying Social Security payroll taxes for unemployed workers they hire in 2010. ... news.google.com Sovereign Society (blog) Information the IRS would receive includes your name, address, Social Security number or other taxpayer identification number, account number, ... and more » news.google.com Belton Journal The 1040EZ is a simplified, six-section Federal income tax return, issued by the United States ' Internal Revenue Service. Its use is limited to taxpayers ... and more » From Google News Search: "Social Security (United States)"  dogflu.ca 175px x 201px | 7.60kB [source page] It is being reported that in the United States cases involving social security are taking longer to process than ever before According to lawyers representing claimants and officials of the  whitehouse.gov 200px x 255px | 13.00kB [source page] thoughts about the Social Security system That s what we re here to talk about But before we get there I do want to recognize some folks and I ve got some other things to say as well First I am really proud to have been met at the airport and have traveled over with two members of the Congress starting first with United States Senator Mel Martinez Applause  overclockersclub.com 146px x 225px | 9.70kB [source page] Deloitte publishes a study on IT security annually which inevitably comes to the same conclusion every year that human error is the biggest threat to security Human error clocked in as the greatest weakness for this past year at 86 followed by technology at 63 Social networking and new technology were identified as critical threats though some postives also came out of the report From Yahoo Image Search: "Social Security (United States)"  thoughtfulideas.blogspot.com Alvin Rabushka hu, 18 Mar 2010 23:37:00 GM insurance in the . United States. , Obamacare will also transform politics. Any candidate who attacks Obamacare in the future will be accused of wanting to take health care away from Americans, followed by Medicare and . Social Security. . ...  electrical-res.com Tiny ue, 09 Mar 2010 23:26:38 GM How to What To Do If Your . Social Security. Number is Stolen | eHow.com. How to article - what to do if your . social security. number is stolen?. Every legal resident in the . United States. has his own unique personal identification number. ...  nancylebov.livejournal.com nancylebov Fri, 19 Mar 2010 00:49:49 GM An individual, including a citizen of the . United States. , determined to be an unprivileged enemy belligerent under section 3(c)(2) in a manner which satisfies Article 5 of the Geneva Convention Relative to the Treatment of Prisoners of . ... I wonder why they don't have to pay . social security. and income taxes? I'm guessing this is a sort of bribe to get Interpol to do more for us on the terror/intelligence front. It kind of sucks for US employees of Interpol, doesn't it? ... From Google Blog Search: "Social Security (United States)" |
The GOP Shoppe
Psychedelic Republicans
Republican Gifts