Social Security is crucial for about 68 million Americans in 2024, with significant favorability among older adults. Despite concerns about funding by 2035, the program is viewed positively by 90% of adults aged 50 and over. As a vital income source for many seniors, revamping Social Security's structure is essential for maintaining its lifeline status for the baby boomer generation and beyond. Additionally, fun facts include the history of the first recipient and how the program's coverage has evolved.
Social Security remains a critical part of the U.S. federal government, supporting an estimated 68 million beneficiaries in 2024.
Amid fears of defunding by 2035, it's essential to revamp the Social Security structure for future generations.
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