Which of the following is true about Social Security?

Question

Quizplus · Accepted Answer

Social Security is a significant source of income for over half of retired people. According to the Social Security Administration, in 2020, 64 million people received Social Security benefits, and 50% of married couples and 71% of unmarried beneficiaries rely on it for at least half of their income.

Option B is incorrect because Social Security helps to reduce poverty among seniors. Without Social Security, poverty rates for those over 65 would be much higher.

Option C is incorrect because Social Security does provide benefits for non-working spouses, including widows/widowers and divorced spouses who were married for at least ten years.

Option D is incorrect because Obamacare (the Affordable Care Act) has nothing to do with Social Security, which is a separate program that provides retirement, disability, and survivor benefits to eligible individuals.

Which of the Following Is True About Social Security