For over 60 years, the Social Security program has been one the most successful domestic government programs, providing economic protection for US citizens of all ages. The Social Security is more like a set of programs, designed to provide income and services to individuals in the event of retirement, sickness, disability, death, or unemployment. Such programs were originally enacted in 1935. As Americans we know that Social Security is very important for people with disabilities, people with families and for children who have lost a parent. However this program also has a variety of disadvantages as well.

As people work, they have to pay taxes that are sent to the Internal Revenue Service (IRS). Through this process people earn "credits" that count toward eligibility for future benefits. Nevertheless, there is a maximum of four credits per year that can be earned. Eligibility for benefits depends on the credits required by each category.

The Social Security consists of mainly five categories. Disability, Family Benefits, Survivors, Medicare and Retirement are these major categories. This type of division has converted the Social Security in a very s

Social Security Online. 3 December 2000. Social Security Online. 5 December 2000.

Medicare is a very important benefit that the Social Security can offer for old people. It is divided into two trust funds, the federal Hospital Insurance (HI) and the federal Supplementary Medical Insurance (SMI) trust funds. The HI is to pay for the services covered under the hospital insurance and the SMI covers services under medical insurance. The Social Security tax gives the 1.45- percent to the Medicare portion. Usually people who are 65 and receiving Social Security or disability benefits automatically qualify for Medicare.

uccessful program providing fair benefits to many Americans. These benefits consist of a monthly check depending on the five categories.

The last and most important section of the Social Security is Retirement. Retirement is essential because every people cannot work anymore at a certain age (old) and they would certainly need help. These benefits give the option to keep getting a check for most of today's elder Americans. The retirement benefits are only for those who reach the age of 65 and have enough credits. People that are 62 years old can also get these benefits but reduced. Since 1929, 40 credits are needed to qualify for the benefits. Such benefits are a percentage of the earnings averaged over the most of a working person's lifetime. Obviously high wage earners get a check monthly with a higher amount of money than the low wage earners. The average monthly benefit payable to all retired workers is $720.00. This is a really good advantage of the Social Security since it provides benefits payments for more than 9 out of 10 Americans.

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One of the major roles of the Social Security is to help the people with disabilities. For this reason the federal Disability Insurance (DI) is one of the trust funds of the Social Security. This trust fund, that receives .85% of the Social Security tax, has provided with hope to many of citizens that are in a misery as a result of a their disabilities or other reasons. According to the one of the policies, the benefits are given to those who have enough credits and have a severe physical or mental impairment that prevents them from working for at least one year or that would result in death. Usually this people would receive earnings of $500 or more per month. More than six million workers and family members get

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