What government agency administers Social Security benefits?

Study for the Liberty Tax School Test with flashcards and multiple choice questions. Each question includes hints and explanations to help you understand. Prepare effortlessly and excel in your exam!

The Social Security Administration (SSA) is the government agency responsible for administering Social Security benefits. Established in 1935, it oversees the nation's social insurance program, which includes retirement benefits, disability income, and survivor benefits. The SSA manages the processing of applications, disbursement of payments, and overall management of Social Security programs.

Other options do not serve this specific function. The Federal Insurance Contributions Act (FICA) is legislation that mandates the collection of payroll taxes to fund Social Security and Medicare but does not directly administer the benefits. The Internal Revenue Service (IRS) is primarily responsible for tax collection and tax law enforcement, rather than administering social security benefits. The Department of Labor focuses on issues related to the workforce and employment but does not oversee the Social Security system. Thus, the correct response points directly to the agency that holds the responsibility for administering these vital programs.

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