1. In what year was Social Security established?
QUESTION:
In what year was Social Security established?
ANSWER:
1935

2. QUESTION:
What is the name of the first person to receive a Social Security benefit check?
ANSWER:
Ida Mae Fuller

3. How much money did Ida Mae Fuller pay into the Social Security system?
QUESTION:
How much money did Ida Mae Fuller pay into the Social Security system?
ANSWER:
$24.75

4. When did Ida Mae receive her first check, and for how much?
QUESTION:
When did Ida Mae receive her first check, and for how much?
ANSWER:
January 31, 1940
$22.54

5. $22,888.92 Over 924 times her withholdings
QUESTION:
What was the total amount of money Ida Mae Fuller received before her death on January 31, 1975?
ANSWER:
$22,888.92
Over 924 times
her withholdings

6. QUESTION:
What is the minimum number of years you must work to be eligible to collect Social Security benefits?
ANSWER: 10

7. QUESTION:
Your highest income years count toward increasing your Social Security check. What is the limit on the total number of years that the Social Security Administration considers?
ANSWER: 35

8. You can start collecting Social Security early at what age?
QUESTION:
You can start collecting Social Security early at what age?
ANSWER: 62

9. By waiting, you can collect your full benefit at what age?
QUESTION:
By waiting, you can collect your full benefit at what age?
ANSWER: 66

10. QUESTION:
By waiting even longer, you can increase your full benefit to maximize your Social Security income. At what age can you maximize your income?
ANSWER: 70

11. Some or all of your Social Security income will be withheld.
QUESTION:
If you are still working in your primary occupation, it may not make sense to begin collecting early Social Security income. Why?
ANSWER:
Some or all of your Social Security income will be withheld.

12. QUESTION:
If you are single and choose to work while collecting Social Security income, will your benefits be taxed?
ANSWER:
Yes. If you earn over $25,000, 50% of your SS income is subject to tax. If you earn over $34,000, then 85% is subject to tax.

13. QUESTION:
If you are married and choose to work while collecting Social Security income, will your benefits be taxed?
ANSWER:
Yes. If you earn over $32,000, 50% of your SS income is subject to tax. If you earn over $44,000, then 85% is subject to tax.

14. What percentage of Social Security funding comes from payroll taxes?
QUESTION:
What percentage of Social Security funding comes from payroll taxes?
ANSWER:
86.4% - Interest income brings in 10.1% and taxes on SS benefits accounts for the final 3.5%.

15. Over 61 million received $918 billion in benefits
QUESTION:
How many Americans received Social Security benefits in 2016?
ANSWER:
Over 61 million received $918 billion in benefits

16. QUESTION:
What is the Social Security Administration’s Cost of Living Adjustment (COLA) in 2016?
ANSWER:
0.0%

17. QUESTION:
What is the Social Security Administration’s Cost of Living Adjustment (COLA) in 2017?
ANSWER:
0.3%

18. What were the COLAs in 2017, 2016, 2015, and 2014 respectively?
QUESTION:
What were the COLAs in 2017, 2016, 2015, and 2014 respectively?
ANSWER:
0.3% (2017), 0.0% (2016), 1.7% (2015), and 1.5%(2014)

19. QUESTION:
What percentage of all who collected Social Security benefits in 2016 were women?
ANSWER:
55%

20. QUESTION:
What percentage of people over the age of 85 who are collecting Social Security are women?
ANSWER:
66%

21. QUESTION:
Some people collect Social Security benefits due to a disability. What is their average age in 2014?
ANSWER: 54

22. 6.2% if an employee 12.4% if self-employed
QUESTION:
What percentage is withheld from your paycheck in the form of Social Security taxes?
ANSWER:
6.2% if an employee 12.4% if self-employed

23. QUESTION:
As of December 2015, for those retired, what was the annual Social Security income for women?
ANSWER:
$14,184

24. QUESTION:
As of December 2015, for those retired, what was the annual Social Security income for men?
ANSWER:
$18,000

25. QUESTION:
In 2014 almost half of elderly women relied on Social Security for what percentage of their income?
ANSWER:
90%

26. QUESTION:
According to the bureau of Labor Statistics, as of 2013, what percentage non-union private-sector workers are covered by an employer pension?
ANSWER:
13%

27. QUESTION:
Are the numbers of Americans who can collect from a private pension upon retirement rising or falling?
ANSWER:
Falling

28. QUESTION:
Social Security offices have limited office hours. In 2017 SSA offices will be open from 9 a.m. to what time on every day except Wednesday?
ANSWER:
3 p.m.

29. What time will SSA offices close on Wednesdays in 2017?
QUESTION:
What time will SSA offices close on Wednesdays in 2017?
ANSWER:
Noon

30. QUESTION:
How much does the Social Security Administration have in the fiscal year 2017 budget to administer the program?
ANSWER:
$13.23 billion

31. James was #1, followed closely by John, Robert and Michael.
QUESTION:
According to the SSA, during the 100-year period what was the most popular boys’ name?
ANSWER:
James was #1, followed closely by John, Robert and Michael.

32. The second most popular girls’ name was Patricia.
QUESTION:
During the 100-year period ending 2014 the most popular girls’ name was Mary by a 2-to-1 margin over this name?
ANSWER:
The second most popular girls’ name was Patricia.

33. What has been the average COLA since 1985?
QUESTION:
What has been the average COLA since 1985?
ANSWER:
2.6%

34. What has been the average COLA since it was introduced in 1975?
QUESTION:
What has been the average COLA since it was introduced in 1975?
ANSWER:
3.8%

35. QUESTION:
According to the SSA, what is the average benefit for retired couples in 2017?
ANSWER:
$2,260

36. 18 including American Sign Language!
QUESTION:
As of December 2016 how many different languages does the SSA.gov website support on its Multilingual Gateway?
ANSWER:
18 including American Sign Language!