More Jaw-Dropping Facts About SSA

February 27, 2019

More Jaw-Dropping Facts for you:

  • Close to 90% of people aged 65 and older collect Social Security benefits.
  • A full third of the income of elderly Americans is made up of Social Security benefits
  • According to the Social Security Administration, 21% of married elderly Social Security beneficiaries and 44% of unmarried ones get fully 90% or more of their income from the program. Meanwhile, about 48% of married elderly Social Security beneficiaries and 69% of unmarried ones get 50% or more of their income from Social Security.

These facts show just how significant Social Security benefits are to the majority of Americans in terms of providing much more than just a safety net, but in providing most of their income as they age.

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