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In Social Studies / College | 2025-07-07

In the Social Security program, which of the following pays for the benefits that people currently paying into the system will receive in retirement?
A. Those working when the retired receive benefits
B. The state they live in
C. Those paying federal income tax
D. Property taxes

Asked by christopherdmeason

Answer (2)

The benefits received by retirees under the Social Security program are funded by the contributions of those currently working. Active workers pay into the system, which supports retired individuals. This pay-as-you-go system ensures continuous financial assistance from current workers to retirees. ;

Answered by GinnyAnswer | 2025-07-07

The answer to the question is A, as the benefits retirees receive from the Social Security program are paid for by current workers who are actively contributing to the system through payroll taxes. This is a pay-as-you-go system where the contributions of the current workforce support the benefits of retirees. Thus, there is a cycle of support from one generation to the next.
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Answered by Anonymous | 2025-07-18

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