New Social Security Booklet Released
The Social Security Administration has released a handy booklet entitled Fast Facts & Figures About Social Security, 2014. From the Preface:
Fast Facts & Figures answers the most frequently asked questions about the programs administered by the Social Security Administration (SSA). It highlights basic program data for the Social Security (retirement, survivors, and disability) and Supplemental Security Income programs. Most of the data come from the Annual Statistical Supplement to the Social Security Bulletin, which contains more than 240 detailed tables. The information on the income of the aged is from the data series Income of the Population 55 or Older. Data on trust fund operations are from the 2014 Trustees Report.
The tables and charts illustrate the range of program beneficiaries, from the country’s oldest to its youngest citizens. In all, about 63.2 million people receive some type of benefit or assistance.
It’s definitely not a “how-to” booklet – it’s not going to help you if you have questions regarding your eligibility for benefits, for instance. But it will tell you pretty much anything you would want to know about the Social Security system itself, including: 55% of adult Social Security beneficiaries in 2013 were women; and a full 65% of aged beneficiaries received at least half of their income from Social Security in 2012. Access the booklet here, to read or download.