Social Security Administration: Understanding its Purpose and Operations

What is the Social Security Administration? The Social Security Administration (SSA) is an independent agency of the United States federal government. Its main purpose is to administer social security programs, which provide financial assistance to eligible individuals and families. The SSA was established in 1935 as part of the New …

National Average Wage Index Nawi Meaning Example

National Average Wage Index: What Is It and How Does It Affect Social Security Benefits? The National Average Wage Index (NAWI) is an important factor in determining Social Security benefits. It is a measure of the average wages earned by workers in the United States, and it is used to …