Create your personal my Social Security account today. What does it mean when a check from social security says "SOC SEC for INS"? Accountant's Assistant: Which check are you inquiring about (e.g., Social Security, stimulus, tax refund)? They pay both the employer and employee shares. The original Social Security Act was signed into law by Franklin D. Roosevelt in 1935, and the current version of the Act, as amended, encompasses several social welfare and social insurance programs. We pay benefits to the following types of beneficiaries. It just isn’t very well known. It is a check that came in the mail today. A list of the Social Security beneficiary codes which includes the meaning of each code is located on SSA’s website at Social Security Online. See more. Employers match workers’ Social Security and Medicare contributions. Across the bottom left hand side it says SOC SEC for INS. The descriptions are not meant to be definitive. The Social Security Administration computes—or “indexes” in its unique jargon—your benefits based on your average monthly earnings during … Social Security Number (SSN) Meaning Explained:-The Social Security Number (SSN) information isn’t really a secret. Social Security—officially the Old-Age, Survivors, and Disability Insurance (OASDI) program in the U.S.—is a comprehensive federal benefits … Learn more. Check with a local Social Security office if you believe you may be eligible for benefits. Self-employed people pay into Social Security and Medicare through a different tax, called SECA (Self-Employment Contributions Act) and collected via their annual federal tax returns. In the United States, Social Security is the commonly used term for the federal Old-Age, Survivors, and Disability Insurance (OASDI) program and is administered by the Social Security Administration. You can use your account to request a replacement Social Security card, check the status of an application, estimate future benefits, or manage the benefits you already receive. A free and secure my Social Security account provides personalized tools for everyone, whether you receive benefits or not. Social Security – Meaning and Definition The term social security has been defined differently by authorities and, thus, there is no commonly accepted definition of the term. social security definition: 1. a system of payments made by the government to people who are ill, poor, or who have no job: 2…. Social security definition, a program of old-age, unemployment, health, disability, and survivors insurance maintained by the U.S. federal government through compulsory payments by specific employer and employee groups. The following briefly describes the different types of beneficiaries paid by Social Security. Social Security Number Codes As of 02/11/2009 Page 1 The codes following a Social Security number indicate the type of benefits you are entitled to. By reviewing the SSA website, I found that the SSN followed by one of these beneficiary codes is referred to as a claim number. The Social Security number followed by one of these codes is often referred to as a claim number and they … By using the first three numbers of anyone’s SSN, you can often tell in which State they were born, or at the least, one of … Keep in mind.