Social Security is best described as:

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Multiple Choice

Social Security is best described as:

Explanation:
Social Security is a social insurance program funded through payroll taxes, where workers and employers contribute a portion of wages into the program. Those contributions create a fund that pays cash benefits to retired workers, people with disabilities, and survivors, with benefits earned based on earnings history. It is not financed by general revenue, not a private investment account, and not a state health program; it is a federal program administered by the government.

Social Security is a social insurance program funded through payroll taxes, where workers and employers contribute a portion of wages into the program. Those contributions create a fund that pays cash benefits to retired workers, people with disabilities, and survivors, with benefits earned based on earnings history. It is not financed by general revenue, not a private investment account, and not a state health program; it is a federal program administered by the government.

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