Public Assistance Programs Since the Great Depression, the United States has offered several different public assistance programs aimed at different groups of people who have different problems or needs. These programs include the Temporary Assistance For Needy Families (“TANF”) program, unemployment benefits, the Supplemental Nutrition Assistance Program (“SNAP” – more commonly known by its former [...]
Social Security Income The Social Security Administration (also sometimes known as the “SSA”, “Soc Sec” or “Social Sec”) was created right in the middle of the Great Depression as a part of President Roosevelt’s “New Deal” legislation. It was formed pursuant to the Social Security Act of 1935 and had humble beginnings – only having [...]
Social Security Wages The Social Security wage base is a statutory limit on the amount of income employee earns that Iraq employer must collect Social Security taxes on. Social Security taxes are one half of the Federal Insurance Contributions Act (“FICA”) tax employers see deducted from their pay check every pay period. The other half [...]
