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Social Security mostly, but not exclusively, for retirees

Sean Williams of The Motley Fool provides a plethora of data as to who actually receives Social Security benefits.  If you guessed retired workers (defined as 62 and older) are the most numerous beneficiaries, then you are correct.  Retirees are almost 70% of total program recipients.  Other beneficiaries include those collecting a disability benefit and still others receiving a survivor’s benefit.  But on balance, the program continues to do what it was intended to so since its inception in 1935, that is, a program dedicated to financially protecting older Americans.  Read full piece here.

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