Social Security In America, By The Numbers
By Doug Callahan
Here are some interesting fact and figures, courtesy of Social Security Online.
In 2009, $675.5 billion of Social Security (SS) benefits was paid out as part of Old Age, Survivors, and Disability Insurance.
36.4 million Americans received Old Age Insurance as a part of Social Security in 2009.
The average monthly benefit for retirees was $1,164 in 2009.
65% of seniors get 50% or more of their income from SS
33% of seniors get 90% or more of their income from SS
20% of seniors get 100% or more of their income from SS
69% of Social Security goes to retirees.
17% goes to the disabled.
14% goes to surviving spouses or children of the deceased.
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