Social security is a program run by the U.S. government that provides workers and their dependents with money for retirement and injuries that prevent regular employment. Everyone with a legal job pays a Social Security tax, which represents a small percentage of their salary. The idea is that you pay into this huge fund throughout your career, and then when you retire you have the right to receive regular payments from this fund to help cover the cost of living without a job.
Tags: retirement, social security