Average Americans Gets This Much From Social Security. How Do You Compare?
Nearly 59 million Americans get benefits from Social Security, and the Social Security Administrations pays out more than $70 billion in benefits every month to retirees, disabled workers, and their families. Out of that amount, almost 42 million Social Security recipients get retirement benefits, and with the government making about $52.8 billion in monthly payments, that amounts to an average of $1,260 per month for every person getting Social Security benefits on a retired worker’s work record….Read More
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.