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The Benefits Of Social Security

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The Benefits Of Social Security
“Social Security provides benefits as an earned right without a means test or an income test” (Midgley, Livermore, 2009). Social Security is based on contributions from employees to employers also from self-employed workers and pay-as- you- go funding (Midgley, Livermore, 2009). This program was designed to provide income after retirement (Kessler, 2014). Social security was meant to benefit those making less, with more social security than those making more while they work (Kessler, 2014). Social Security was developed to help the elderly and the people in poverty with financial problems. The social security act established two main programs; social insurance and public assistance. Social security covers many policies such as Medicare, Medicaid,
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