Both the Social Security program and the Supplementary Security Income program are financed solely by the federal government.

Question

Quizplus · Accepted Answer

The Social Security program is primarily financed through payroll taxes collected under the Federal Insurance Contributions Act (FICA) and the Self-Employment Contributions Act (SECA), while the Supplementary Security Income (SSI) program is funded from general revenues of the U.S. Treasury, not from Social Security taxes.

Both the Social Security Program and the Supplementary Security Income