Financing of social insurance programs, such as Social Security, is through

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Social insurance programs, such as Social Security, are primarily funded through individuals contributing to a trust fund through payroll taxes. These contributions are then used to provide benefits to those who have paid into the system when they reach retirement age or become disabled. While some general tax revenues may also be used to support these programs, the primary source of funding is through individual contributions to the trust fund. Loans, general obligation bonds, and private investment accounts are not typically used to finance social insurance programs like Social Security.

Financing of Social Insurance Programs, Such as Social Security, Is