Social Security is a government program designed to provide financial support and assistance to retired, disabled, or unemployed individuals, as well as to their dependents.
Social Security is funded through payroll taxes collected from workers and employers. It benefits include retirement income, disability benefits, survivor benefits, and Medicare coverage.
Social Security aims to alleviate poverty among the elderly and disabled, ensuring a basic level of income and healthcare coverage for eligible individuals and their families, contributing to social welfare and economic stability.