What is a federal government program that helps individuals who are disabled or retired?

Study for the Kentucky Occupational Skills Standards Assessment. This test includes flashcards and multiple choice questions with explanations. Prepare effectively for your exam and boost your confidence!

Social Security is a federal government program designed to provide financial assistance to individuals who are retired or disabled. It operates on a system of contributions from workers and their employers, which is then used to fund benefits for those who qualify.

Individuals become eligible for Social Security benefits based on their work history and the amount they have paid into the system through payroll taxes. For retirees, this program ensures a stable income to help maintain their standard of living after they stop working. For those who are disabled, Social Security provides necessary support to help cover living costs when individuals can no longer work due to their disability.

In contrast, Form W-2 is a tax document that employers use to report employees' annual wages and tax withholdings, OSHA is the Occupational Safety and Health Administration responsible for ensuring safe and healthy working conditions, and the IRS is the Internal Revenue Service, responsible for tax collection and tax law enforcement. None of these options provide direct assistance to individuals who are disabled or retired like Social Security does.

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