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Who Does Social Security Help?

Social Security effects tens of millions of Americans, there are almost 60 million current beneficiaries. The average annual pay out to these beneficiaries is $14,776 and covers retirees, disabled persons, and children. Sometimes it can be easy to forget how much Social Security helps when all the news outlets talk about is how bad of a shape the system is in. Social Security helps provide to many that cannot realistically sustain themselves. For more information visit this easily digestible infographic from Marc Diana with MoneyTips.

 

This posting is presented for informational purposes only and does not represent legal or financial guidance. Any opinions or interpretations presented are either those of the original author or, in the case of articles authored by the AMAC Foundation, are the opinions of AMAC Foundation staff, originally trained and accredited by the National Social Security Association (NSSA) and certified via the AMAC Foundation. Any links included in the article are valid on the posted date; socialsecurityreport.org cannot guarantee the duration of the links’ validity. NSSA and the AMAC Foundation and its staff are not affiliated with or endorsed by the Social Security Administration or any other governmental entity. To submit a question, visit our website (https://amacfoundation.org/services/) or email us at ssadvisor@amacfoundation.org. Because we are a non-profit organization, there is no charge for these services.

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