FAQ

  • 01.01.17

    Social Security: Frequently Asked Questions

    This article from the Social Security Administration answers some key questions that many have about Social Security. The questions range from historical questions: Q: When did Social Security Start? Q: Is it true that life expectancy was less than 65 back in 1935, so the Social Security program was designed in...

    This article from the Social Security Administration answers some key questions that many have about Social Security. 

    The questions range from historical questions:

    Q: When did Social Security Start?

    Q: Is it true that life expectancy was less than 65 back in 1935, so the Social Security program was designed in such a way that people would not live long enough to collect benefits?

    Through questions about its revenues and future viability:

    Q: Has Social Security ever been financed by general tax revenues?

    Q: How much has Social Security paid out since it started?

    Q:Has Social Security always taken in more money each year than it needed to pay benefits?

    To logistical questions:

    Q: Is there any significance to the numbers assigned in the Social Security Number?

    Q:Are Social Security numbers reused after a person dies?