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  1. Number of people receiving Social Security, Supplemental Security Income (SSI), or both, September 2024 (in thousands) . . . . . . SOURCES: Social Security Administration, Master Beneficiary Record and Supplemental Security Record, 100 percent data.

  2. DID YOU KNOW THAT... 70.6 million people received benefits from programs administered by the Social Security Administration (SSA) in 2022. 5.6 million people were newly awarded Social Security benefits in 2022. 55% of adult Social Security beneficiaries in 2022 were women.

  3. 5.4 million people were newly awarded Social Security benefits in 2021. 55% of adult Social Security beneficiaries in 2021 were women. 55.3 was the average age of disabled-worker beneficiaries in 2021. 86% of Supplemental Security Income (SSI) recipients received payments because of disability or blindness in 2021.

  4. Number of people receiving Social Security, Supplemental Security Income (SSI), or both, February 2024 (in thousands) SOURCES: Social Security Administration, Master Beneficiary Record and Supplemental Security Record, 100 percent data.

  5. Table 1. Number of people receiving Social Security, Supplemental Security Income, or both. Table 2. Social Security benefits. Table 3. Supplemental Security Income recipients. For detailed annual and time series program data, see our Annual Statistical Supplement.

  6. 8 Μαρ 2023 · By law, Social Security benefits increase yearly based on a cost-of-living adjustment. For 2023, the increase was 8.7%, the highest since 1981. Average Medicare expenditures per enrollee

  7. The total cost of the Social Security program for the year 2022 was $1.244 trillion or about 5.2 percent of U.S. gross domestic product (GDP). [5] Social Security is funded primarily through payroll taxes called the Federal Insurance Contributions Act (FICA) or Self Employed Contributions Act (SECA).

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