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Essay

economic benefits and future outlook of social security

Essay specific features

 

Issue:

Business

 

Written by:

Jay I

 

Date added:

March 17, 2015

 

Level:

University

 

Grade:

A

 

No of pages / words:

4 / 889

 

Was viewed:

1229 times

 

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Essay content:

There are about 45 million people who receive retirement, survivors and disability benefits. For an average wage person with a family, social security survivor benefits are equivalent to a $354,000 life insurance policy or a $233,000 disability insurance policy. Also, a 35-year-old man who earns $40,000 a year with a wife and kid would get $1,900 a month if disabled...
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Also, a 35-year-old man who earns $40,000 a year with a wife and kid would get $1,900 a month if disabled. If he died, his family would get $2,400 in survival benefits. Social security also offers medicaid. This is insurance for low income families. Medicaid is the largest source of funding for medical and health related services for America's poor...
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