Social Security refers to a social insurance program in the US that provides financial support and protection to people who are retired, disabled, or unemployed. Services that provide healthcare for seniors and help for low-income families are also available. Social Security Act consists of two parts:
- Social Insurance, which includes old-age and survivor’s insurance, disability insurance, and unemployment compensation;
- Public Assistance Problems, which includes AFDC (Aid to Families with Dependent Children), SSI (Supplemental Security Income), medical assistance, and “in kind” benefits.
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