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  2. History of Social Security in the United States - Wikipedia

    en.wikipedia.org/wiki/History_of_Social_Security...

    The Social Security Act was enacted August 14, 1935 (89 years ago). The Act was drafted during President Franklin D. Roosevelt's first term by the President's Committee on Economic Security, under Frances Perkins, and passed by Congress as part of the New Deal.

  3. Social Security Administration - Wikipedia

    en.wikipedia.org/wiki/Social_Security_Administration

    The United States Social Security Administration ( SSA) [ 2] is an independent agency of the U.S. federal government that administers Social Security, a social insurance program consisting of retirement, disability and survivor benefits. To qualify for most of these benefits, most workers pay Social Security taxes on their earnings; the ...

  4. Social Security (United States) - Wikipedia

    en.wikipedia.org/wiki/Social_Security_(United...

    In the United States, Social Security is the commonly used term for the federal Old-Age, Survivors, and Disability Insurance ( OASDI) program and is administered by the Social Security Administration (SSA). [ 1] The Social Security Act was passed in 1935, [ 2] and the existing version of the Act, as amended, [ 3] encompasses several social ...

  5. On this day in history, August 14, 1935, Social Security is ...

    www.aol.com/news/day-history-august-14-1935...

    President Franklin D. Roosevelt signed the Social Security bill into law on this day in history, Aug. 14, 1935, creating a federal safety net for older, unemployed and disadvantaged Americans.

  6. Substantial gainful activity - Wikipedia

    en.wikipedia.org/wiki/Substantial_gainful_activity

    Substantial gainful activity is a term used in the United States by the Social Security Administration (SSA). Being incapable of substantial gainful employment is one of the criteria for eligibility for Supplemental Security Income (SSI) or Social Security Disability Insurance (SSDI) benefits. It is known as the "SGA requirement," and is ...

  7. 7 Social Security Spousal Benefit Rules Every Couple ... - AOL

    www.aol.com/finance/7-social-security-spousal...

    The maximum spousal benefit is 50% of your spouse’s primary insurance amount. That’s the benefit they’ll qualify for once they’re full retirement age, which is 67 for anyone born in 1960 ...

  8. Social Security Wage Base - Wikipedia

    en.wikipedia.org/wiki/Social_Security_Wage_Base

    In 2020, the Social Security Wage Base was $137,700 and in 2021 was $142,800; the Social Security tax rate was 6.20% paid by the employee and 6.20% paid by the employer. [ 1][ 2] A person with $10,000 of gross income had $620.00 withheld as Social Security tax from his check and the employer sent an additional $620.00.

  9. Social Security Disability Insurance - Wikipedia

    en.wikipedia.org/wiki/Social_Security_Disability...

    Social Security Disability Insurance ( SSD or SSDI) is a payroll tax -funded federal insurance program of the United States government. It is managed by the Social Security Administration and designed to provide monthly benefits to people who have a medically determinable disability (physical or mental) that restricts their ability to be employed.

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