Which of the following is characteristic of benefits required by the Social Security Act?

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The Social Security Act provides retirement, disability, and survivor benefits to workers who have contributed through payroll taxes. Benefits are based on the worker's past earnings and retirement age. The program is funded by a payroll tax shared by employers and employees. Workers can receive reduced benefits as early as age 62, but can receive full benefits at their full retirement age. There is also a provision for increased benefits if a worker continues to work and earn more than the exempt amount. The program also provides benefits to eligible dependents of retired or deceased workers.

Which of the Following Is Characteristic of Benefits Required by the Social