What Is Social Security?

In This Chapter

  • What Social Security is and why it was created
  • How Social Security is funded, and who controls it
  • How to find out if you’re eligible
  • An introduction to Social Security Disability Insurance (SSDI)
  • The role Social Security plays in our lives

If you ask people on the street to define Social Security, you’re apt to get a variety of answers, depending on the age of the person being asked.

A typical teenager might say, “Social Security, isn’t that protection so my Facebook account doesn’t get hacked?”

Someone just joining the workforce might say, “Isn’t that the number I have to put on my employment ...

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