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Social Security

Social Security is a government program in the United States that provides income and financial support to individuals and families who are unable to work or have limited income. It is funded through payroll taxes that are deducted from workers' wages and is intended to provide a safety net for individuals who are retired, disabled, or otherwise unable to work. Continue Reading Below

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Encyclopedia Articles

Discover the definition of financial terms related to social security.

Understanding Cost-of-Living Adjustment (COLA): What You Need to Know Thumbnail

Understanding Cost-of-Living Adjustment (COLA): What You Need to Know

SuperMoney Team

Medicaid Eligibility: Income Limits, Asset Tests, and How to Apply Thumbnail

Medicaid Eligibility: Income Limits, Asset Tests, and How to Apply

Andrew Latham

OASDI Tax: What It Is, How It Works, and Who Pays It Thumbnail

OASDI Tax: What It Is, How It Works, and Who Pays It

Andrew Latham

Social Security Overpayment: How to Appeal, Request a Waiver, or Set Up a Plan Thumbnail

Social Security Overpayment: How to Appeal, Request a Waiver, or Set Up a Plan

Andrew Latham

What Is Medicaid? Eligibility, Coverage, and How to Apply Thumbnail

What Is Medicaid? Eligibility, Coverage, and How to Apply

Andrew Latham

Social Security: Definition, How It Works, and How Benefits Are Calculated Thumbnail

Social Security: Definition, How It Works, and How Benefits Are Calculated

Andrew Latham

Self-Employment Tax Explained: How It Works, Rates, and Case Study Examples Thumbnail

Self-Employment Tax Explained: How It Works, Rates, and Case Study Examples

Alessandra Nicole

Long-Term Disability Insurance: Coverage, Costs & Comparison Thumbnail

Long-Term Disability Insurance: Coverage, Costs & Comparison

Andrew Latham

Retirement: Definition, Planning, and Strategies Thumbnail

Retirement: Definition, Planning, and Strategies

SuperMoney Team

Medicare: Navigating Benefits, Costs, and Strategies Thumbnail

Medicare: Navigating Benefits, Costs, and Strategies

Silas Bamigbola

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Learn About Social Security

Thumbnail for Blog Article: Is Workers' Comp Taxable? What's Tax-Free and What's Not

Is Workers' Comp Taxable? What's Tax-Free and What's Not

Andrew Latham

Thumbnail for Blog Article: Is Disability Income Taxable? SSDI, VA & Employer Rules

Is Disability Income Taxable? SSDI, VA & Employer Rules

Andrew Latham

Thumbnail for Blog Article: Are Your Social Security Benefits Taxable?

Are Your Social Security Benefits Taxable?

Andrew Latham

Thumbnail for Blog Article: Can I Retire on $2 Million and Live Comfortably?

Can I Retire on $2 Million and Live Comfortably?

Benjamin Locke

Thumbnail for Blog Article: Down Payment Assistance for Seniors (2026 Programs and Options)

Down Payment Assistance for Seniors (2026 Programs and Options)

Andrew Latham

Thumbnail for Blog Article: Down Payment Assistance for People with Disabilities (2026)

Down Payment Assistance for People with Disabilities (2026)

Andrew Latham

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About Social Security

Social Security is a government program in the United States that provides income and financial support to individuals and families who are unable to work or have limited income. It is funded through payroll taxes that are deducted from workers' wages and is intended to provide a safety net for individuals who are retired, disabled, or otherwise unable to work.