Fast Facts & Figures About Social Security, 2004
Sources and uses of Social Security revenues in 2003
The two pie charts show the sources and uses of the $632 billion in revenue collected by the Social Security trust funds in 2003.
Sources of revenues
- Payroll taxes: 84%
- Interest: 13%
- Taxation of benefits: 2%
Uses of revenues
- Benefit payments: 75%
- Increase in trust funds: 24%
- Administrative expenses: 1%
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