| Background |
The Social Security program in the United
States provides protection against the loss of earnings due to retirement,
death, or disability. The financial operations of this program are
handled through the
Old-Age and Survivors Insurance (OASI)
and Disability Insurance (DI) Trust Funds,
which are separate accounts in the United States Treasury.
Monthly benefits are
paid from the OASI Trust Fund to retired workers and their
families and to survivors of deceased workers. Monthly benefits
are paid from the DI Trust Fund to disabled workers and their
families.
Both funds are financed primarily by contributions, or
taxes, paid by employees, their employers, and self-employed persons.
Other sources of income are interest on investments and income from
the taxation of benefits. |
www.socialsecurity.gov
