Which of the following is true of Social Security? (1 point)
It is a type of medical insurance program.
It is available only to people over the age of 65.
It is optional.
It pays benefits to families of workers who have died.
It pays benefits to families of workers who have died.
Which of the following is true of Social Security? (1 point)
It is a type of medical insurance program.
It is available only to
• people over the age of 65.
• It is optional.
It pays benefits to
• families of workers who have died.
It pays benefits to families of workers who have died.
The statement that is true of Social Security is: It pays benefits to families of workers who have died.
To determine which of the following statements is true of Social Security, let's evaluate each statement:
1. It is a type of medical insurance program.
Social Security is not a medical insurance program. It is a federal program in the United States that provides a source of income for eligible individuals and their families when they retire, become disabled, or pass away.
2. It is available only to people over the age of 65.
Social Security benefits are not limited to individuals over the age of 65. While retirement benefits are commonly associated with individuals reaching the age of 65, Social Security also offers benefits to those with disabilities and survivors of deceased workers, regardless of age.
3. It is optional.
Social Security is not optional for most working individuals in the United States. It is generally mandatory for employees and their employers to contribute a portion of their earnings to the Social Security Administration through payroll taxes.
4. It pays benefits to families of workers who have died.
This statement is correct. Social Security does provide survivor benefits to the families of workers who have died. Eligible family members, such as spouses, children, and dependent parents of deceased workers, can receive monthly benefits based on the worker's earnings record.
Therefore, the statement "It pays benefits to families of workers who have died" is the true statement among the options provided.