ELI5: Explain Like I'm 5

Social Security Administration

The Social Security Administration is like a big piggy bank that helps retired people, disabled people, and families who have lost someone who was helping support them. Think of it like an allowance from your parents, but for grownups.

Every time someone gets a paycheck (money they make from working), a little bit of their money goes into the piggy bank. That way, when they are older, sick, or need help, they can get some money back from the piggy bank to help them out.

The Social Security Administration is in charge of making sure everyone gets the money they are supposed to gets when they need it. They keep track of how much money is in the piggy bank and how much money people are supposed to get when they need it.

So, if someone retires, they can get money from the piggy bank to help them pay for things they need. If someone becomes disabled and can't work, they can also get money from the piggy bank to help them out. And if someone dies and they were helping support their family, the family can also get money from the piggy bank to help them.

The Social Security Administration is like a grownup piggy bank that helps people when they need it.