Summarize the Social Security program. Include information about its history, how the program operates, and future prospects.

What will be an ideal response?


The ideal answer should include:
1. Created in 1935.
2. Old Age, Survivor, and Disability Insurance (OASDI) is the program we now call "Social Security."
3. Not designed to be a main form of income, but a form of insurance against unexpected reductions in income.
4. Funded by a regressive tax of 6.2 percent on earnings up to $128,400 (in 2018).
5. Social Security is challenged because the United States has an increasing number of people living longer and has fewer younger people paying into the system.
6. Few workers feel "very confident" that Social Security will continue to provide benefits.

Sociology

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Julie is 32 years old. According to the Census, she is best classified as:

a. a young adult. b. the young-old. c. a later-lifer. d. The Census does not define Julie's age group.

Sociology

To go beyond individual personal experiences and observations to gain an understanding of broader public issues, such as realizing that divorce is not a personal problem but a societal issue, requires using ______________

A. the sociological imagination B. the functionalist perspective C. the conflict perspective. D. anomie.

Sociology

Today, increasing affluence, better nutrition, and more sophisticated medical expertise have increased the average __________ in rich countries

A) age cohort B) functional age C) life expectancy D) life stage

Sociology

The Civil Rights Movement and other protest movements of the 1960s spread the ideology of __________. But like the early feminists, women involved in these political protest movements were frustrated by the male dominance they encountered.

A. equality B. voting rights C. separate but equal D. overthrowing all civilized values

Sociology