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What is Social Security and how does it impact a persons retirement?

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Answer:

What is Social Security?

Social security is a federal program in the U.S. that provides retirement benefits and disability income to qualified people, as well as their spouses, children, and survivors.

How does it impact a person's retirement?

Social Security replaces a percentage of your pre-retirement income based on your lifetime earnings. So it provides replacement income for qualified retirees and their families.

HOPE that helps!! :)

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