What Does Social Security Mean?

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What does Social Security mean? Read on to discover the definition & meaning of the term Social Security - to help you better understand the language used in insurance policies.

Social Security

Social Security

Programs first created by Congress in 1935 and now composed of Old-Age, Survivors and Disability Insurance (OASDI), Medicare, Medicaid, and various grants-in-aid, which provide economic security to nearly all employed people.

We hope the you have a better understanding of the meaning of Social Security.

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