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WHO PAYS FOR SOCIAL SECURITY BENEFITS?

Note: This is NOT an official government website.

There are four major sources of income to Social Security:
  • premium payments from workers
  • matching premium payments from employers
  • Interest earned on the Social Security Reserve Fund
  • federal income tax on Social Security benefits
In 2013, slightly more than 1% of the workers portion was provided by transfers from the federal general fund, to compensate for the lingering effects of the 2011 and 2012 Social Security tax cuts.

Social Security income for 2013 totaled approximately $855 billion dollars, distributed as follows:

In 2011, approximately 1/3 of the workers portion was provided by transfers from the federal general fund, to compensate for the Social Security tax cut.

Social Security income for 2011 totaled approximately $805 billion dollars, distributed as follows:

Note: This is NOT an official government website.
This website presents summary information on Social Security, in a pictorial, easy-to-understand format.

For detailed, official information on Social Security, visit the Social Security website, or contact your local Social Security office or your Congressional representative.


 
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