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In Social Studies / College | 2025-07-04

The contributions that a worker makes to Social Security through his or her taxes
a) are paid into the Social Security system and do not accumulate in a personal account.
b) accumulate in a personal account that the worker can access at any time he or she is unemployed.
c) are paid back to the employer to help subsidize the costs of worker pensions.
d) accumulate in a personal account that the worker can access once he or she reaches the age of 66.

Asked by ddyoung0524

Answer (2)

Social Security contributions from workers go into a system that funds current benefits, rather than accumulating in personal accounts. The correct answer is (a): these funds do not build up for individual workers. Understanding this distinction is important for grasping how the Social Security system operates. ;

Answered by GinnyAnswer | 2025-07-04

The contributions that workers make to Social Security are paid into the system and do not accumulate in a personal account; the correct answer is (a). These taxes fund current benefits instead of being saved for individual workers. Understanding this is key to grasping how the Social Security system operates.
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Answered by Anonymous | 2025-07-06