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USAFacts

Where do Social Security payments go?

A portion of each paycheck we receive is sent to the federal government for Social Security. Where does this money go?

The money is kept in two trust funds – one for retirees (the Old Age and Survivors Insurance Trust Fund) and one for people who are unable to work due to a disability (the Disability Insurance Trust Fund). The trust funds can only be used to pay Social Security benefits; the funds cannot be used to pay for other government programs.

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