APB Retirement reposted this
Retirement Plan Vocab - DAY 6 Word of the Day - Social Security Definition - a U.S. government program established in 1935 to include old-age and survivors insurance, contributions to state unemployment insurance, and old-age assistance Or put more simply - Social Security is like a safety net made of interconnected ropes. Each worker contributes threads (payroll taxes) throughout their career, weaving a sturdy net. When the time comes, retirees can lean back, knowing this net will catch them, providing a reliable foundation of support.
