SHORT VOCAB
A dollar amount representing your average monthly income across your working life.
AIME
He signed the Social Security Act on August 14, 1935. Social Security taxes were first collected in January 1937, with workers and employers each paying one percent of the first $3,000 in wages and salary.
President Franklin D. Roosevelt
This was never meant to be the only source of income for people when they retire.
Social Security
The color of Social Security cards
What is blue?
When applying for retirement, you will need this document handy, which details everything regarding your actual "born day."
What is your birth certificate?
The payroll tax for Social Security and Medicare paid by self-employed people under the Self-Employment Contribution Act
SECA TAX
He signed legislation in 2000 eliminating the retirement earnings test for people above the full-benefit retirement age.
President Clinton
This age is the earliest you can start receiving retirement benefits.
What is 62?
The number of digits in a Social Security Number
What is nine?
When this "King of Pop" artist passed in 2009, it was safe to say his children were not in dire need of survivor's benefits.
Who is Michael Jackson?
The age at which you become entitled to the fullre tirement benefit calculated from your earnings history (or to the full spouse's or survivor benefit calculated from a family member's work record).
FRA
These type of payments were enacted in 1956 and initially were payable only to workers aged 50-64.
Disability payments
How much you earn in your working career will determine this benefit payment once you decide to stop working.
What is your retirement benefits?
TRUE/FALSE: Most people have more than one Social Security Number.
False
SSA celebrated its 50th anniversary in 1984, the same year this "Uptown Funk" artist was born.
Who is Bruno Mars?
Annual change to Social Security benefits so that they keep pace with inflation
COLA
Established in the year 1601 was the first systematic codification of English ideas about the responsibility of the state to provide for the welfare of its citizens.
The English "Poor Laws"
This Communist country in the Caribbean, which caused Jay Z and Beyoncé to make headlines when they visited it back in 2013, is one country where SSA would not be able to send you retirement benefits if you lived there.
What is Cuba?
How a person receives a replacement Social Security Replacement card
What is by completing the application and providing their ID?
SSA helps people build a financial foundation, almost like this popular game where you use resources to "mine" and "craft" in order to build things using blocks.
What is Minecraft?
A Social Security rule that reduces the dependent benefits paid to a spouse, widow or widower on another person's work record if the dependent receives a pension from a government job in which he or she did not pay FICA taxes.
GPO
This program began shortly after the start of the War, with the first legislation in 1862 providing for benefits linked to disabilities "incurred as a direct consequence of . . .military duty."
The Civil War Pension
True or False: Social Security funds the Supplemental Security Income (SSI) program.
False – The Supplemental Security Income (SSI) program is funded by the U.S. Treasury.
The original purpose of this document was to enable the Social Security Board to maintain accurate records of the earnings of individuals who worked in jobs covered under the Social Security program. It was never intended to serve as a personal identification document
Social Security Card
This former quarterback may be applying for retirement benefits soon, having retired from his former occupation after winning his second Super Bowl in 2016.
Who is Peyton Manning?