Table 35 presented below is focused on Personal current transfer receipts.
Personal current transfer receipts are
receipts of persons from government and business for which no current services are performed. Current transfer receipts from government include Social Security benefits, medical benefits, veterans' benefits, and unemployment insurance benefits. Current transfer receipts from business include liability payments for personal injury and corporate gifts to nonprofit institutions.
The table presents data for selected years through 2021 based on data from the Bureau of Economic Analysis. ProximityOne uses models to develop annual estimates and projections to 2030 and provides related analytical services.
Table cells with special characters (# or * or -) indicate data for this area and time period are not available. See footnotes at bottom of table for details. These values can be optionally imputed by the REIS software.
|REIS Transfer Payments for United States|
|Personal current transfer receipts (thousands of dollars)||4,231,121,000||4,617,314,000||386,193,000||9.1|
|Current transfer receipts of individuals from governments||4,067,011,000||4,478,356,000||411,345,000||10.1|
|Retirement & disability insurance benefits||1,114,492,000||1,151,883,000||37,391,000||3.4|
|Social Security benefits||1,077,928,000||1,114,600,000||36,672,000||3.4|
|Excluding Social Security benefits 1/||36,564,000||37,283,000||719,000||2.0|
|Public assistance medical care benefits 2/||670,724,000||749,288,000||78,564,000||11.7|
|Military medical insurance benefits 3/||15,176,000||16,284,000||1,108,000||7.3|
|Income maintenance benefits||315,649,000||473,586,000||157,937,000||50.0|
|Supplemental Security Income (SSI) benefits||57,932,000||56,920,000||-1,012,000||-1.7|
|Earned Income Tax Credit (EITC)||67,434,000||69,837,000||2,403,000||3.6|
|Supplemental Nutrition Assistance Program (SNAP)||94,867,000||150,442,000||55,575,000||58.6|
|Other income maintenance benefits 4/||95,416,000||196,387,000||100,971,000||105.8|
|Unemployment insurance compensation||537,713,000||321,127,000||-216,586,000||-40.3|
|State unemployment insurance compensation||536,705,000||320,377,000||-216,328,000||-40.3|
|Excluding state unemployment insurance compensation||1,008,000||750,000||-258,000||-25.6|
|Education & training assistance 5/||77,273,000||79,840,000||2,567,000||3.3|
|Other transfer receipts of individuals from governments 6/||374,802,000||651,566,000||276,764,000||73.8|
|Current transfer receipts of nonprofit institutions||146,726,000||94,420,000||-52,306,000||-35.6|
|Current transfer receipts of individuals from businesses 7/||17,384,000||44,538,000||27,154,000||156.2|
|Refundable tax credits 8/||430,628,000||841,983,000||411,355,000||95.5|
1/ Consists largely of temporary disability payments, pension benefit guaranty payments, black lung payments, workers compensation, and Panama Canal construction annuity payments.|
2/ Consists of Medicaid and other medical vendor payments.
3/ Consists of payments made under the TriCare Management Program (formerly called CHAMPUS) for the medical care of dependents of active duty military personnel and of retired military personnel and their dependents at nonmilitary medical facilities.
4/ Consists largely of general assistance; family assistance (currently Temporary Assistance for Needy Families (TANF), previously emergency assistance and Aid to Families with Dependent Children (AFDC) and emergency assistance); expenditures for food under the Special Supplemental Nutrition Program for Women, Infants, and Children (WIC); Other Needs Assistance; refugee assistance; foster home care and adoption assistance; the Additional Child Tax Credit; and energy assistance.
5/ Consists largely of federal fellowship payments (National Science Foundation fellowships and traineeships, subsistence payments to state maritime academy cadets, and other federal fellowships), interest subsidy on higher education loans, Pell Grants, Job Corps payments, education exchange payments, and state education assistance payments.
6/ Consists largely of Bureau of Indian Affairs payments; Alaska Permanent Fund dividend payments; compensation of survivors of public safety officers; compensation of victims of crime; disaster relief payments; compensation for Japanese internment; the Economic Stimulus Act of 2008 rebates; the American Recovery and Reinvestment Act of 2009 funded tax credits, Federal Additional Compensation for unemployment, COBRA premium reduction, and the Economic Recovery lump sum payment; the health insurance premium tax credit and cost sharing reductions; other tax credits; and other special payments to individuals.
7/ Consists of personal injury payments to individuals other than employees and other business transfer payments.
All dollar estimates are in current dollars (not adjusted for inflation).
Missing data cell values:
* Not shown to avoid disclosure of confidential information. Estimates for item are included in totals.
# Less than $50,000. Estimates for item are included in totals.
- Data not available for this year.
Source: ProximityOne, Bureau of Economic Analysis, Bureau of the Census, Bureau of Labor Statistics