Social security-how much money is given to 65 years people?
You can find some useful information about social security benefits by going to the SSA gov web site.
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Social security is basically when the government takes a certain percentage of money from the working generation and gives it to the retired generation. When the working generation become retired, they receive social security. Social security started after the Great Depression, when the government needed to make sure that people had money stored away to live after they stopped working. People get certain amounts of social security depending on how much they and their spouses…
It depends. a. If the deceased individual has a legal will, the people mentioned in his will, will be given the money from his account b. If he does not have a legal will, then his legal heirs (spouse and/or children) will be given the money from his account c. If he does not have any spouse or children, then the remaining family members will be given the money
By working mostly, but some are entitled to social welfare and get money that way. Payments can get their wages or social welfare by cash or cheque or direct into bank accounts by electronic transfer, depending on the arrangements they have made. People can withdraw their money from their bank directly or at an ATM.