it was never transferred to the general fund.
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
we do from working.
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.
Yes, Social Security is receiving additional funds through payroll taxes collected from workers and employers.
social security adminisration
social security adminisration
because of retirement funds
NO
There is no evidence to suggest that Republicans intend to use funds from Social Security to fund the tax cut. Social Security operates on its own funding system through payroll taxes and has a separate trust fund specifically designated for it. Any changes to Social Security funding would require separate legislation.
No. They are separate funds.
Social Security was moved from the trust fund to the General fund in 1969. This change was made to make it easier for the government to use the Social Security surplus to cover other expenses. However, the move raised concerns about the long-term sustainability of the program.
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?