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State-by-State Average Social Security Payments - CNBC
How does your monthly Social Security check compare to others, like you, who reside in your state? Fact is, according to over 75% of those collecting benefits, Social Security is an important part of their retirement income. Indeed, for some it may be their only source of income in retirement!
Your Social Security benefit is, of course, largely dependent on when you claim, and how much you made, on average, while you were working. But as important as your monthly benefit is to your retirement well-being, where you live somewhat dictates how dependent you will be on Social Security. In this interesting CNBC article, Kameron McNair reveals what the average amount of the Social Security check is in every U.S. state, as well as the median monthly payment (“median” is the middle value of all SS recipients in each state). Click here to see how your SS payment compares to others living in your state of residence.
This posting is presented for informational purposes only and does not represent legal or financial guidance. Any opinions or interpretations presented are either those of the original author or, in the case of articles authored by the AMAC Foundation, are the opinions of AMAC Foundation staff, originally trained and accredited by the National Social Security Association (NSSA) and certified via the AMAC Foundation. Any links included in the article are valid on the posted date; socialsecurityreport.org cannot guarantee the duration of the links’ validity. NSSA and the AMAC Foundation and its staff are not affiliated with or endorsed by the Social Security Administration or any other governmental entity. To submit a question, visit our website (https://amacfoundation.org/services/) or email us at ssadvisor@amacfoundation.org. Because we are a non-profit organization, there is no charge for these services.
if you are a grandparent and have several grandchildren you should be given a few hundred extra dollars to offset the
cost of their care, birthdays, Christmas gifts, graduation gifts, birth gifts, easter gifts wedding gift and helping with so many other personal things. It’s very hard not to help your loving grandchildren but sometimes it gets to be a little too much!!