The U.S. welfare system is the highlight of attracting people to immigrate to the U.S. What are the eight benefits of immigrant life in the U.S.?

Feature 1: The Social Security Fund has a life insurance function

In fact, the U.S. Social Security Fund program was established to ensure that working people have a basic income when they retire. At the same time, consideration should also be given to the fact that people can earn an income if they are unable to work after being injured on the job. Finally, consideration should also be given to the fact that orphans cannot be cut off from their source of income if the head of the family dies and they have a source of income.? In June 2012, about 56 million people in the U.S. received Social Security benefits, or one in six Americans. The U.S. Social Security fund also covers workers injured on Social Security. They receive monthly Social Security payments from the government whenever they are unable to work due to a work-related injury.? In 2011, 96 percent of working Americans ages 21 to 64 had disability insurance, which means that these individuals will receive basic income security even if they are unable to continue working after an injury.? 96 percent of working-class people ages 20-49 receive life insurance-like coverage through their paychecks. If a worker dies at age 30, the widows and orphans he leaves behind can tide them over by receiving Social Security funds.

Feature 2: Social Security Funds Usually Rise Along With Price Index

The amount of Social Security paid out by the federal government is not static, but changes over time. The government does this to prevent retirees from earning more as prices rise, which means less income for retirees. In particular, low-income people whose main source of income is the Social Security Fund will easily fall into poverty if their income stays the same after retirement in the face of increasing inflation. In retirement, Americans receive Social Security funds primarily based on their work earnings, and then receive Social Security funds proportional to their earnings. High-income earners, who earn well while working, may receive larger amounts of Social Security after retirement. In order to show some fairness, the government has introduced a monthly limit on the Social Security fund in order to maximize the amount of the fund for lower income groups.

Feature 3: The Social Security Fund covers more than 90% of the working class

The source of the U.S. Social Security Fund comes from the payroll taxes paid by the working class during their working years, so as long as you have worked full-time for more than 10 years, you can collect the Social Security Fund. Retirement. It's safe to say that everyone in the U.S. pays payroll taxes and pays them every day they go to work, so almost everyone retires and receives Social Security payments every month. The Social Security fund is not a relief fund, but a guarantee of income in retirement for all workers. Even high-income earners are not excluded from the Social Security Fund, which is a universal social benefit. Even if retirees have other sources of income, such as 401K retirement savings from private companies, financial real estate income, pensions, and earned income, the government still pays out Social Security funds. According to statistics, 90% of working Americans over the age of 65 receive Social Security benefits in retirement.