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A government audit revealed that the Social Security Administration had incorrectly listed 23,000 people as dead in a two-year period. These people sometimes faced difficulties in convincing government agencies that they were actually alive; a 2008 story in the Nashville area focused on a woman who was incorrectly flagged as dead in the Social Security computers in 2000 and had difficulties ...
The Death Master File is a subset of the Social Security Administration's Numident database file, computerized in 1961, [3] which contains information about all Social Security numbers issued since 1936.
The 2011 annual report by the program's Board of Trustees noted the following: in 2010, 54 million people were receiving Social Security benefits, while 157 million people were paying into the fund; of those receiving benefits, 44 million were receiving retirement benefits and 10 million disability benefits.
Social Security taxes. Social Security is primarily funded by payroll taxes, currently 12.4%, split evenly between employees and employers. If you earn wages, you pay 6.2% (through FICA ...
Most people polled also believe that Social Security is tax-free, that it’s not protected from inflation, and that it expires during a recipient's lifetime. All of this is incorrect.
Around 68 million Americans (for the most part, retirees) get Social Security benefits in one form or another, which is likely to get bigger as more people enter the system and those already...
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