The federal government program that provides income to retired workers age 65 and older is called

The federal government program that provides income to retired workers age 65 and older is called Social Security. Established in 1935, Social Security is a vital component of the American social safety net. It is designed to provide financial assistance to retirees, enabling them to maintain a minimum standard of living after their working years have ended.

Workers contribute to the Social Security program throughout their careers through payroll taxes, and the benefits they receive upon retirement are based on their earnings history. The program not only provides retirement income but also offers disability benefits and survivor benefits for families of deceased workers. Social Security helps alleviate poverty among the elderly and is a crucial source of income for millions of retirees, fostering economic stability and security in their later years.