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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.

The Primary Insurance Amount (PIA): Understanding Social Security Benefits, Calculation, and Impact on Retirement Income Thumbnail

The Primary Insurance Amount (PIA): Understanding Social Security Benefits, Calculation, and Impact on Retirement Income

Alessandra Nicole

Representative Payee: Understanding, Responsibilities and Examples Thumbnail

Representative Payee: Understanding, Responsibilities and Examples

Silas Bamigbola

Any-Occupation Policies: Definition, Examples, and Expert Insights Thumbnail

Any-Occupation Policies: Definition, Examples, and Expert Insights

SuperMoney Team

Residual Benefits: Understanding, Examples, and Flexibility Thumbnail

Residual Benefits: Understanding, Examples, and Flexibility

Silas Bamigbola

Understanding Conditionality in Finance: Definition, Applications, and Critique Thumbnail

Understanding Conditionality in Finance: Definition, Applications, and Critique

Alessandra Nicole

National Average Wage Index (NAWI): Meaning, Example, Calculation, and Implications Thumbnail

National Average Wage Index (NAWI): Meaning, Example, Calculation, and Implications

Dan Agbo

Decoding collection-proof: Safeguarding income and assets from creditors Thumbnail

Decoding collection-proof: Safeguarding income and assets from creditors

Abi Bus

What is an ABLE Account? Definition, How It Works, and Considerations Thumbnail

What is an ABLE Account? Definition, How It Works, and Considerations

Alessandra Nicole

Welfare States: Principles, Evolution, and Real-life Impact Thumbnail

Welfare States: Principles, Evolution, and Real-life Impact

SuperMoney Team

Jobseeker's Allowance (JSA): Eligibility, Types, and Benefits Thumbnail

Jobseeker's Allowance (JSA): Eligibility, Types, and Benefits

Dan Agbo

Page 8 of 9

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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

Page 1 of 5

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.