Define: Social Security Act

Social Security Act
Social Security Act
Quick Summary of Social Security Act

The Social Security Act, enacted in 1935, was designed to provide assistance to elderly individuals and those who have experienced the loss of a loved one. It offers financial support and ensures their well-being. Additionally, the act established the Social Security Administration to ensure individuals receive the necessary assistance.

Full Definition Of Social Security Act

The Social Security Act, enacted in 1935 in response to the Great Depression, established the Social Security Administration and a range of benefits, including retirement and survivors’ benefits. Individuals who contribute to the Social Security system for a specific period may qualify for retirement benefits upon reaching a certain age. In the event of a person’s death, their surviving spouse or children may be eligible for survivors’ benefits. The Social Security Act was designed to provide financial support to Americans during challenging times, such as retirement or the loss of a loved one, and remains a significant program in the United States today.

Social Security Act FAQ'S

The Social Security Act is a federal law that provides financial assistance to individuals who are retired, disabled, or have lost a family member.

Eligibility for Social Security benefits is based on a person’s work history and contributions to the Social Security system. Generally, individuals who have worked and paid Social Security taxes for a certain number of years are eligible for benefits.

You can apply for Social Security benefits online, by phone, or in person at your local Social Security office. You will need to provide documentation of your identity, work history, and other relevant information.

The Social Security Act provides retirement benefits, disability benefits, survivor benefits for family members of deceased workers, and supplemental security income for low-income individuals.

Yes, you can receive Social Security benefits while still working, but your benefits may be reduced if you earn income above a certain threshold.

Yes, if your application for Social Security benefits is denied or if you disagree with a decision regarding your benefits, you have the right to appeal the decision.

In some cases, non-citizens may be eligible for Social Security benefits if they have worked and paid Social Security taxes. The rules for eligibility vary depending on the individual’s immigration status.

If you have a qualifying disability that prevents you from working, you may be eligible for Social Security disability benefits.

Yes, if you were married for at least 10 years and are currently unmarried, you may be eligible to receive Social Security benefits based on your ex-spouse’s work record.

Yes, self-employed individuals can be eligible for Social Security benefits if they have paid self-employment taxes and meet the other eligibility requirements.

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This site contains general legal information but does not constitute professional legal advice for your particular situation. Persuing this glossary does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.

This glossary post was last updated: 17th April 2024.

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