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What else can I help you with?
Can Va take percent of Social Sec funds?
No, the Department of Veterans Affairs (VA) cannot take a percentage of Social Security funds. Social Security benefits and VA benefits are separate and administered by different government agencies. VA benefits are based on military service and disabilities, while Social Security benefits are provided to individuals who have paid into the Social Security system through employment.
How much money did President Kennedy borrow from the Social Security funds?
President John F. Kennedy did not borrow money directly from the Social Security funds. However, during his administration, the federal government did temporarily use Social Security surpluses to finance other government expenditures. This practice was part of broader budgetary strategies and involved the use of Social Security trust funds, but specific amounts borrowed can vary based on different fiscal policies and periods.
How much has the Government pilfered from the Social Security and Medicare funds since inception?
16 trillion Dollars
Can a creditor freeze your bank account although im on social security?
Social Security funds are protected against a lien on your checking account. However you will have to prove that the funds in your account are from Social Security. If there are other funds "commingled" then unprotected funds may be seized
Who funds social security?
we do from working.
What government organization handles the funds for the medicare program?
The Social Security administration is responsible for collecting and handling the funds.
How will the bailout affect Social Security?
No effect at present. Social security trust funds are not being used in the bailout. Of course, there is an ongoing concern that the funds in social security are insufficient to meet future demands. It would be difficult to be more precise than this, because the government will be buying "troubled assets" that may have value in the future.
Is Social Security receiving additional funds?
Yes, Social Security is receiving additional funds through payroll taxes collected from workers and employers.
Medicare funds are collected by?
social security adminisration
Medicare funds are collected by what?
social security adminisration
Why did social security start?
because of retirement funds
How much money has the US Government taken out of the Social Security Fund since the 1960s?
Since the 1960s, the U.S. government has borrowed approximately $2.9 trillion from the Social Security Trust Fund. These funds were used to cover budget deficits and other government expenditures, rather than being reserved solely for Social Security benefits. This borrowing has raised concerns about the long-term sustainability of the Social Security program and its ability to meet future obligations to retirees.
