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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 FICA: What It Is and How It Affects Your Paycheck Thumbnail

Understanding FICA: What It Is and How It Affects Your Paycheck

SuperMoney Team

Government Actuary: Responsibilities and Qualification Thumbnail

Government Actuary: Responsibilities and Qualification

SuperMoney Team

Pension Benefit Guaranty Corporation (PBGC): Understanding Its Role and Impact Thumbnail

Pension Benefit Guaranty Corporation (PBGC): Understanding Its Role and Impact

Silas Bamigbola

Pension Pillar System: Definition, Components, and Real-world Applications Thumbnail

Pension Pillar System: Definition, Components, and Real-world Applications

SuperMoney Team

Demystifying the Social Security Administration: Your Guide to Benefits, History, and More Thumbnail

Demystifying the Social Security Administration: Your Guide to Benefits, History, and More

Alessandra Nicole

Civil Service Retirement System (CSRS): Unraveling Its Layers, Types, and Real-world Scenarios Thumbnail

Civil Service Retirement System (CSRS): Unraveling Its Layers, Types, and Real-world Scenarios

SuperMoney Team

Integrated Pension Plans: Definition, Benefits, and Considerations Thumbnail

Integrated Pension Plans: Definition, Benefits, and Considerations

Alessandra Nicole

Longevity Risk: Understanding Implications and Strategies Thumbnail

Longevity Risk: Understanding Implications and Strategies

Silas Bamigbola

Social Security Trust Funds: Definition, Benefits, and Solutions Thumbnail

Social Security Trust Funds: Definition, Benefits, and Solutions

SuperMoney Team

The Medicare Hold Harmless Provision: Definition, Impact, and Eligibility Thumbnail

The Medicare Hold Harmless Provision: Definition, Impact, and Eligibility

Alessandra Nicole

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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.