Introduction

Our FY 2024 AFR provides information enabling the Congress, the President, and the public to assess our stewardship of the financial resources entrusted to us and our performance as an organization. The report provides a discussion of our programs, organization, and how we benefit the public; a high-level summary of our accomplishments during the year; a discussion of the challenges we face going forward; and an analysis of our financial position. The AFR also includes information on our program integrity efforts, as well as the Inspector General’s Statement on SSA’s Major Management and Performance Challenges. The report includes our annual audited financial statements and the report on the audit of those financial statements. FY 2024 marks the 38^th year that we published audited financial statements and the 31^st year that we received an unmodified opinion on our financial statements.

We divided the online AFR into the following sections:

SSA FY 2024 AFR Listing:

Full FY 2024 AFR

• Front Cover
• A Message from the Commissioner/Table of Contents/Introduction
• Management’s Discussion and Analysis
  • Overview of the Social Security Administration
  • Overview of Our Fiscal Year 2024 Goals and Results
  • Highlights of Financial Position
  • Analysis of Systems, Controls, and Legal Compliance
• Financial Section
  • A Message from the Chief Financial Officer
  • Audited Financial Statements and Additional Information
  • Required Supplementary Information
  • Report of Independent Auditors
  • Agency Response to the Report of Independent Auditors
• Other Information
  • Summary of Financial Statement Audit and Management Assurances
  • Other Financial Information
  • The Social Security Administration’s Major Management and Performance Challenges During Fiscal Year 2024
  • Other Reporting Requirements
• Appendix
  • Glossary of Acronyms
  • SSA Management and Board Members
  • Summary of Key Management Officials’ Responsibilities
• Back Cover