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social security tax

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Q: Which tax is collected to support retired or disabled workers?
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What are government payments to retired workers known as?

Pensions


What is the drawback of having the social security taxes of young er workers pay for the benefits of older workers?

the social security taxes you pay provide benefits for workers who have already retired. ======= There might not be enough younger workers if populations are declining or the younger workers may not earn enough to support themselves and pay the promised benefits to the older workers as the economy declines.


What are the government payments to retired workers known as?

The government payments to retired workers are known as pensions or Social Security benefits. These payments are typically provided as a form of income support for individuals who have reached their retirement age and have fulfilled certain eligibility criteria. The amount of the payment is usually based on a person's work history and contributions to the social security system.


Who was the social security act designed to help?

People of old age, Unemployed, blindness, physical handicaps, delinquent children, and other dependents.People who already have retired; people who are disabled; survivors of workers who have died; and dependents of beneficiaries all receive Social Security benefits.


What is the name of the agency that pays money to retired workers?

The Treasury department


Which best describes payments to retired workers for their years in the workforce?

pensions


Can Workers Compensation be collected if the injured person dies?

in a way yes


What are job opportunities for disabled workers?

Their are jobs in the corner 24/7.......disabled or not......jajajajaja......check in the agencies......be active n look for a job.


What best describes the method juan peron to gain political support in Argentina?

He gained the support of the workers.


This agency collects taxes from workers to pay benefits and living expenses for those who become permanetly disabled?

Social Security Administration collects taxes from workers to pay benefits and living expenses for those who became permanently disabled.


Which agency collects taxes from workers to pay benefits and living expenses for those who become permanently disabled?

Social Security Administration collects taxes from workers to pay benefits and living expenses for those who became permanently disabled.


Is 30 year term insurance available for retired workers?

Yes it is possible to get when retired but age or health can be factors. You can get quotes by calling companies.