The Social Security program may be in long-term trouble, but its importance for current and future retirees is growing.
According to national pollster Gallup, a survey conducted in 2016 on retirees showed that 59% rely on Social Security to be a major source of income in retirement, with another 28% citing their benefits as a minor source of income. As for non-retirees, 29% expect Social Security income to represent a major source of their income, with another 50% anticipating it’ll be a minor source of monthly income. Without Social Security income, quite a few current and future retirees would struggle to make ends meet.
via Motley Fool These 13 States Tax Social Security Benefits