Thursday, May 15, 2014

How Social Security Benefits Are Computed: In Brief

"With $812 billion in benefit outlays in 2013, Social Security is the largest program in the federal
budget. It provides monthly cash benefits to retired and disabled workers and their family members as well as to the family members of deceased workers. Currently, there are about 58 million beneficiaries. Under current law, Social Security’s revenues are projected to be insufficient to pay full scheduled benefits after 2033..."
Social Security benefits

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