Social Security: The Influence Of Being On Social Media

Some of the things you can do to minimize the chances of your identity being stolen would be to kep your important, personal papers in a an organized secure place at all times. Shredding personal papers and documents, and making sure that any personal information or account numbers are blacked out if they’re thrown in the trash. Always make sure to keep only any personal information

Identity theft is a major concern today in our country, millions of a person’s identity have been compromised for many of years. Identity theft occurs when someone uses another person’s personal information such as name, Social Security number, driver’s license number, credit card number, or other identifying information to take on that person’s identity in order to commit fraud or other crimes. Stealing an identity is, unfortunately, surprisingly easy to do and happens when you least expect it. Just by opening your mail, something that has personal information on it, throwing it in the trash. Therefore, a person can go through your trash and take all that information and use it against you to take on a new identity.

Social Security is a system that is prevailing in several nations for their citizens’ welfare, which was initiated in the US in 1930’s. It is interesting to see how it has transformed in the hands of some of the US presidents. Ever since it was originated, it has been on the ramp getting modified constantly in such a way that it meets the needs of the Americans.

Social security has been a big part of our nation since 1935 when the great depression plagued our nation. Social security is an independent trust fund and has been since its creation. 1 Social Security Benefits cannot be given out to anyone who hasn't paid into it. No one can receive it as welfare or other types of governmental assistance. 1 Many people think that Congress takes money out of the Social Security fund and irresponsibly uses it. The truth is, congress is using it how they are supposed to be. They are using it to pay people their owed social security benefits and other important government programs. Although the federal debt may be high and respect for congress may be low, they are using it as they should. 2

Social Security first started in the United States on August 14th, 1935 when Franklin D. Roosevelt signed the social security act. This act was created in the midst of the Great Depression, the worst economic situation in American history in an effort to continue income for people that retire after the age of 65, at this point there needed to be some big changes not only to help our economy presently but to ensure a bright future for our economy generations to come. On that same day the Social Security Administration was created as an agency to watch over social security and is independent of the United States Federal government (Social Security, 2016). Having this new system also allowed for more jobs to be created because it was quite the

Close your eyes and picture a country with limited amounts of food, people staving, people in financial crisis with no means to support their family or self. Now open your eyes, were the people you envisioned older men, women, and children? If you said yes, you’ve visualized The Great Depression.

Since the very implementation of Social Security in 1935 during the time of the Great Depression to present day, it has been a never-ending source of controversy. As mentioned by Nancy Niles, Social Security was considered “old age insurance” (Niles, 2011, p. 9). It was designed to help older Americans, workers who become disabled, and families in which a spouse or parent dies (Niles, 2011). Not only has Social Security played a very essential role in the lives of many Americans throughout the years, but has also been very important to the economic security of the United States of America.

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Hoffman, M. R., & McKenzie, K. S. (2014). The Reality of Social Security: If Reform Doesn't Happen, What Must Each of Us Do?. Journal Of Accounting & Finance (2158-3625), 14(2), 124-134.

In 1935, President Franklin D. Roosevelt, signed a document that created a new phenomenon called Social Security. Social Security is a government program where people pay 7% of their wages into it and those who are retired, unemployed, or unable to work can receive Social Security. Social Security recently has become a little more concerning for people in the future because of the Baby Boomers are getting closer to that age where they can receive Social Security. However, the people of the United States are still to this day for the government program. During George W. Bush’s time as President, he wanted to privatize Social Security. He quickly was despised by the public and Democrats for trying to restructure Social Security; therefore, the

Many argue social security pay to beneficiaries will become depleted by the year 2037 due to the modest working class. Solvency can be defined by the availability of assets to be payed in full to beneficiaries (The Future Financial). The Social Security Administration is a department of the Federal Government. It is responsible for retirement, disability, and survivor’s benefits. Retirement, disability, and Survivor benefits come in the form of monthly payments to beneficiaries. Income is based upon how much taxes a working class American pays into the program. The Social Security board of Trustees report on the total assets generated by the American working class. In addition to the dwindling working class, the ‘baby boomers’ will be leaving

I agree with you, we must take action to save social security and medicare now before it is too late. I also agree that no changes should be made for the Americans that already receive benefits, or are approaching the age. I believe that they paid into the system many relying on these programs to survive. I think changes should be made for younger generations so that we are aware and can plan accordingly.

The Social Security administers the retirement, disability and survivor benefits for people in the United States. Also, the social security benefits nearly every family, and in a given point will influence the life of almost everyone in the United States. Nowadays, most of the beneficiaries are retirees and their families. Some of the benefits that the social security program offer are the financing, social services, and benefits for incapacity.

There is no “sure” way to stop identity theft from happening to someone. There are only measures that may make it harder for thieves to steal someone’s identity because nothing is foolproof. People can shred their important documents after they’re done with them to help prevent their identity to be stolen via dumpster diving, but the thief may find all the shreds and put them together just like a puzzle. The odds of this happening are slim, but there is still a chance, a chance lower than just throwing it out. People should make sure to not use ATMs and not to do personal banking in public, but this will only slow down a thief who is determined to steal someone’s identity. Once a thief is determined to steal someone’s identity and only their identity, there are not many obstacles stopping him/her.

Identity theft is on the rise in the United States and Globally. The Federal Trade Commission advised that there are about nine million cases of identity theft. People who had their identity stolen often feel like they were violated. Any individual can have their identity compromised in numerous ways. Different institutions store personal information. There are several organizations that have social security numbers, bank account numbers, and credit card numbers. Colleges and Universities have people personal information stored in their databases that could be hacked. There are several companies that offer options to people to protect their identity. Most credit card companies offer the option of identity