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what is the purpose of social security tax according to the video? this…

Question

what is the purpose of social security tax according to the video? this question is worth 10 point(s) to save for your retirement and pay you back later to pay for public schools to provide free healthcare to everyone to fund military operations submit response

Explanation:

Brief Explanations

Social Security tax is a payroll tax primarily designed to fund retirement benefits, where workers contribute during their working years to receive payments in retirement. Public schools are funded by property/income taxes, universal free healthcare is not the core purpose of this tax, and military operations are funded by general federal tax revenues, not Social Security tax specifically.

Answer:

To save for your retirement and pay you back later