All countries in the world provide all kinds of security to their citizens. America is also a leader in this matter. There are many social welfare schemes in America. Social Welfare Schemes may go by different names within the USA State. Today, let us get information about the famous Program running in America.
What Is Social Welfare Schemes?
A social welfare scheme provides assistance to People or Families. Whether they are individuals or families. There are various types of welfare Schemes available. How much you are eligible for Welfare Schemes? Who will get the benefit of the Welfare Scheme and how much eligibility depends on your state?
For example, in the U.S., the federal government provides lots of money to each state. State governments run these schemes. State governments run these schemes. So the benefits of the schemes vary from state to state.
However, in certain countries like Canada, and India some social welfare schemes send direct money. In India, the benefit of widow aid, and old age aid scheme is provided directly through DBT (Direct Benefit Transfer).
Top Government Programs in the USA
American social schemes run large numbers. In Some Programs eligibility with some, such as education available to all. While housing subsidies are also given at different levels. Such as organizations, at the federal, state, local, and private levels. America is providing its citizens with daily needs like food, shelter, education, and healthcare.
Provides free primary and secondary education in higher education. It also gives subsidies and scholarships. Provides unemployment and disability insurance. Subsidizes low-wage workers and housing matters. Social Security Schemes, Medicare, and Medicaid are run. Apart from this, Children’s Health Insurance is also run.
|Article’s Name||Top 5 Government Programs in the USA|
|Total Schemes in Article||5|
|Programs Names||1. Social Security|
2. Medicare Scheme
3. Medicaid program
4. Earned Income Tax Credit (EITC)
5. Low-Income Home Energy Assistance Program (LIHEAP)
1. Social Security
Purpose of Social Security: Social Security program is also included in Top 5 Government Programs in the USA. Every country has financial ups and downs, and friends. This plan was also started during the Great Depression in America. This was intended to help elderly Americans during the Great Depression through financial aid. The scheme aims to meet the basic needs of elderly American citizens.
Social Security Act was passed in 1935 in America. Under this act, the main objective has been to straighten the disabilities, widows and widowers, and minor children. Poverty alleviation has also been extended through this scheme.
An estimated 67 million citizens have been assisted in the year 2023 under the Social Security Administration (SSA). This aid amounts to more than one trillion dollars.
Eligible for Social Security Benefits 2023
Social Security benefits have certain criteria fixed. You have to pay
premiums to get the benefits of social security. This premium should be paid within forty quarters of coverage. Which will be equal to working for 10 years of your life.
You need to earn at least $1640 in a quarter. You can earn a maximum of four quarters. If you have earned income up to $6560 throughout the year, you are eligible to avail the benefits of this scheme.
How much will you get from Social Security? It depends on your premiums paid.
Details of how much you have paid can be viewed. Check Primary Insurance Amount (PIA) to check your eligibility. To check your eligibility, visit My Social Security Account at SSA.gov
|Purpose of Social Security||Started during the Great Depression, it aids elderly Americans with financial support, ensuring basic needs are met.|
|Social Security Act (1935)||Aims to assist disabled, widows, widowers, and minor children, extending poverty alleviation.|
|Assistance in 2023||In 2023, over 67 million citizens received aid from the Social Security Administration, totaling over one trillion dollars.|
|Eligibility Criteria (2023)||To qualify for benefits, pay premiums for 10 years (40 quarters of coverage). Earn at least $1640 per quarter or a total of $6560 annually.|
|Benefit Amount||Amount received depends on premiums paid, with details available through the Primary Insurance Amount (PIA) on My Social Security Account at SSA.gov.|