8-1-1 Flashcards
1
Q
How many workers are covered by Social Security?
A
178 Million
2
Q
Individuals 65 or older, how many receive Social Security Benefits?
A
9 out of 10
3
Q
As of Jan 2020, average social security for single worker is….
A
$1,503 per month
4
Q
As of Jan 2020, average social security for couples is…
A
$2531 per month
5
Q
Most benefit per month someone at age 70 can receive is …..
A
$3,790 per month
6
Q
Most benefit someone at FRA can receive is . . .
A
$3,011 per month
7
Q
Most benefit someone who files at age 62 is . . .
A
$2,265
8
Q
How much income do social security benefit represent in older adults?
A
One Thirds of income
9
Q
For those that live to age 65, life expectancy is about . .
A
20 years
