Social Security

Correct Answer: Refer the employee to the Social Security Administration for personalized assistance.

As an HR professional, the most appropriate action is to refer the employee to the Social Security Administration for personalized assistance. This ensures the employee receives accurate and individualized information regarding how retiring at age 62 will impact their Social Security benefits. Providing detailed information might lead to inaccuracies, advising to continue working may not align with the employee's retirement plans, and suggesting consulting a financial planner, while helpful, does not directly address the specific Social Security queries.

Correct Answer: Providing financial support to workers who have become disabled and paid into Social Security.

The Social Security Disability Insurance (SSDI) program is designed to provide financial support to workers who have become disabled and have paid into Social Security. This ensures that individuals who are unable to work due to disabilities receive necessary income. The other options describe different programs: providing retirement benefits relates to Social Security Retirement benefits, offering health insurance coverage pertains to Medicare, and supplying supplemental income to low-income families with children aligns with Supplemental Security Income (SSI).

Correct Answer: The Social Security Act of 1935

The Social Security Act of 1935 established the Social Security program in the United States, creating a system of federal old-age benefits, and outlining the management of unemployment insurance and aid to dependent children. The Fair Labor Standards Act of 1938 established minimum wage and overtime pay standards. The Employee Retirement Income Security Act of 1974 governs private sector employee benefit plans. The Internal Revenue Code of 1986 deals with federal tax laws.