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Feb
19
9 Facts About Social Security
9 Facts About Social Security Tip: How Much? Check your Social Security earnings and see an estimate of your benefits on the website, www.ssa.gov. Social Security’s been a fact of retirement life ever since it was established in 1935. We all think we know how it works, but how much do you really know? Here are nine things that might surprise you. 1. The Social Security trust fund is huge. At $2.9 trillion at the end of 2017, it exceeds the gross domestic product (GDP) of every economy in the world except the nine largest: China, the European Union, the United States, India, Japan, Germany, Russia, Indonesia, and Brazil. ¹ 2. Most workers are eligible for Social Security benefits, but not all. For example, until 1984, federal...
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