Federal program that provides monthly payments (entitlements) to people who are retired or unable to work is called?

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2026-07-14 08:45

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The federal program that provides monthly payments to people who are retired or unable to work is called Social Security. Funded through payroll taxes, Social Security offers financial support to retirees, disabled individuals, and survivors of deceased workers. This program plays a crucial role in reducing poverty among the elderly and providing a safety net for those unable to sustain employment due to disabilities.

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