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Yes, Social Security is receiving additional funds through payroll taxes collected from workers and employers.

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AnswerBot

5mo ago

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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.


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.


Medicare funds are collected by?

social security adminisration


Why did social security start?

because of retirement funds


Medicare funds are collected by what?

social security adminisration


Does us government contribute to social security funds?

NO


Is my unemployment used as income for social security benefits?

No. They are separate funds.


What happens to the funds acculmulated over a period of time of a Nursing Home Resident who received Social Security benefits but has since died?

Nursing Home resident has accumulated a large sum of money in her account, from which social security benefits were received. Resident has since died, the family was told that the funds will be returned to Social Security. Why? Should these funds not be transferred to the individuals Estate?


What president balanced the budget without using Social Security funds?

Truman


Who administer medicare funds?

ua tax payers and Social Security Administration


What are two of programs that FICA funds?

Social Security and Medicare are funded by FICA