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None Provided66

lot of citizens that are in a misery as a result of a their disabilities or other reasons. According to the one of the policies, the benefits are given to those who have enough credits and have a severe physical or mental impairment that prevents them from working for at least one year or that would result in death. Usually this people would receive earnings of $500 or more per month. More than six million workers and family members get disability benefits and the statistics also show that 3 out of 10 younger Americans will become disabled and 1 out of 6 will die before reaching the retirement age.Other advantage of the Social Security is that other members of a family can qualify for benefits too. If someone is eligible for retirement or disability benefits, a member of this person's family might also receive benefits. For example a spouse that is at least 62 years old automatically qualify for family benefits. Such a benefit helps especially to those people who don't get a high amount of money as a retirement or disability benefit.The federal Old Age and Survivors Insurance (OASI) is the other trust fund that is used to pay for retirement and survivor benefits. This trust receives 5.35% of the Social Security tax. An example of how the survivor benefits can help is a family of a deceased worker. They might be eligible for survivor benefits, even if not enough credits were earned for retirement. When someone dies, certain members of the family may also be able to get these benefits, such as dependent children. These benefits could continue until the children reach the age 18, which is a good age to start working and earn their own money for their education or other situations.Medicare is a very important benefit that the Social Security can offer for old people. It is divided into two trust funds, the federal Hospital Insurance (HI) and the federal Supplementary Medical Insurance (SMI) trust funds. The HI is to pay for the services cov...

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