What provides financial support to workers who are retired or have disabilities? medicare social security tax withholdings medicaid

The financial support that the government provides for people who have retired or have disability in the United States is given through a mechanism called (B) Social Security.

Social Security is actually a term used for a program called Old-Age, Survivors, and Disability Insurance (OASDI) which is funded by the citizens’ taxes. Individuals who are at the retirement age (around 65 or older, depending of year of birth) as well as disabled individuals, will receive financial support through this program.

The correct answer is B, Social Security.

Explanation:

The workers who are retired or have disabilities are provided financial help through Social Security Tax.

Social Security Tax is a tax that is deducted from the gross salaries of employees as well as the employers. If a person retires or has some disability and is unable to fulfill his expenses, then social security tax provides him financial aid.

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