Social Security Trust Funds
E127288
The Social Security Trust Funds are federal accounts that hold and manage payroll tax revenues to finance Social Security retirement, disability, and survivors benefits in the United States.
All labels observed (6)
Statements (49)
| Predicate | Object |
|---|---|
| instanceOf |
federal trust fund
ⓘ
public financial fund ⓘ |
| administeredBy | Social Security Administration ⓘ |
| alsoKnownAs |
Social Security Trust Funds
ⓘ
surface form:
OASI and DI Trust Funds
Social Security Trust Funds ⓘ
surface form:
Social Security OASDI Trust Funds
|
| beneficiaries |
Social Security beneficiaries
ⓘ
disabled workers ⓘ retired workers ⓘ survivors of deceased workers ⓘ |
| benefitsFinanced |
dependents benefits
ⓘ
disability benefits ⓘ retirement benefits ⓘ spouses benefits ⓘ survivors benefits ⓘ |
| cannotInvestIn | private securities ⓘ |
| cashManagement |
United States Department of the Treasury
ⓘ
surface form:
Treasury Department
|
| category | United States federal trust funds ⓘ |
| country |
United States of America
ⓘ
surface form:
United States
|
| currency |
US dollar
ⓘ
surface form:
United States dollar
|
| establishedForProgram |
Disability Insurance
ⓘ
Social Security ⓘ
surface form:
Old-Age and Survivors Insurance
|
| expenditures |
administrative expenses of Social Security
ⓘ
benefit payments ⓘ |
| fundedBy |
Federal Insurance Contributions Act payroll taxes
ⓘ
Self-Employment Contributions Act taxes ⓘ income taxation of Social Security benefits ⓘ interest on Treasury securities ⓘ |
| funds |
Social Security Disability Insurance
ⓘ
surface form:
Disability Insurance Trust Fund
Old-Age Reserve Account ⓘ
surface form:
Old-Age and Survivors Insurance Trust Fund
|
| governedBy | federal statute ⓘ |
| impactOn | Social Security program solvency ⓘ |
| investedIn | special-issue U.S. Treasury securities ⓘ |
| legalBasis | Social Security Act of 1935 ⓘ |
| levelOfGovernment | federal ⓘ |
| managedBy |
United States Department of the Treasury
ⓘ
surface form:
U.S. Department of the Treasury
|
| overseenBy | Board of Trustees of the Federal Old-Age and Survivors Insurance and Disability Insurance Trust Funds ⓘ |
| purpose |
finance Social Security benefits
ⓘ
hold and manage payroll tax revenues ⓘ |
| relatedProgram |
Social Security
ⓘ
surface form:
OASDI
Social Security ⓘ |
| relatedTo |
Medicare Part A
ⓘ
surface form:
Medicare Hospital Insurance Trust Fund
|
| reportedBy |
Social Security Board
ⓘ
surface form:
Social Security Board of Trustees
|
| reportingRequirement | annual report to Congress ⓘ |
| revenueSource |
interest earnings
ⓘ
payroll taxes on covered earnings ⓘ taxation of benefits ⓘ |
| subjectTo |
actuarial evaluation
ⓘ
long-term solvency projections ⓘ |
| typeOfAsset | book-entry government securities ⓘ |
Referenced by (8)
Full triples — surface form annotated when it differs from this entity's canonical label.
this entity surface form:
OASI and DI Trust Funds
this entity surface form:
Social Security OASDI Trust Funds
this entity surface form:
Federal Disability Insurance Trust Fund
this entity surface form:
Old-Age and Survivors Insurance Trust Fund
this entity surface form:
Social Security trust funds