Question of the Day

SS Administration Costs

What portion of all Social Security spending is comprised of administrative expenses?

Correct Answer

Tell Me More

In 2024, the administrative costs of the Social Security program were $7.4 billion. This was equal to 0.50% of all Social Security outlays for the year, or enough to pay 314,060 retired workers the average annual old-age benefit of $23,712 for 2025.




Reload Question
Reload Question
Share via Facebook
Share via X
Share via Email
Embed into your website
About the Fact App
Articles by Topic