Social Security has provided essential economic support for Americans for almost 100 years. The program, which provides workers with inflation-protected retirement, disability and survivorship benefits, is a model for the world: Its principal features have been adopted by more than 170 countries. So let’s not water it down for future generations of American workers. Social Security is not a welfare program; it’s paid for by workers. For 2024, workers are taxed 12.4% on their income up to $168,600.