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Some 72.8 million people receive monthly Social Security benefits. Those benefits go primarily to retirees, but also to people with disabilities, as well as dependents of deceased beneficiaries.
The Social Security Administration was established by the Social Security Act of 1935 and is codified in 42 U.S.C. § 901 (49 Stat. 635). It was created in 1935 as the "Social Security Board", then assumed its present name in 1946.
Social Security is the U.S. government's biggest program; as of June 30, 2024, about 67.9 million people, or one in five Americans, collected Social Security benefits. This year, we're seeing a...
But if that worker qualified for a $1,000 monthly non-covered pension, the Social Security Administration would subtract two-thirds of this -- $667 -- from the $1,000 spousal benefit, leaving the ...
The Social Security Administration has a diminished staff after Congress has for years declined to fund the agency at its requested levels, even as the baby boomer generation ages and adds to the ...
The Social Security Administration (SSA) provides benefit estimates to workers through the Social Security Statement. The Statement can be accessed online by opening an online account with SSA called my Social Security. With that account, workers can also construct "what if" scenarios, helping them to understand the effect on monthly benefits ...
The Social Security Administration said the average monthly check for retired workers was $1,907 in January, but it was $1,924.35 in October. Read the original article on Business Insider Show ...
Kilolo Kijakazi is an American academic who served as acting commissioner of the Social Security Administration from 2021 to 2023. She was previously appointed deputy commissioner for retirement and disability policy in January 2021, before taking on the top position following Andrew Saul's dismissal on July 9, 2021.
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