Thousands and thousands of People count on Social Safety retirement advantages.
Information launched by a Social Safety Administration in Apr suggested that over 42 million American retirees obtain Social Safety checks totaling $59.6 billion any month. That averages out to a month-to-month cost of about $1,400 per individual.
However not everybody takes home a matching apportion in Social Safety advantages. In 24 states, a standard retirement receives a month-to-month Social Safety determine value reduce than $1,400. Three states have a median Social Safety retirement distinction above $1,500, however nothing transcend $1,600.
The variations between some states are stark. For example, Montana has about 15,000 additional retirees than Delaware, however Delaware’s whole Social Safety retirement advantages surpass Montana’s by about $7 million. The common retirement will get roughly $125 additional any month in Delaware than in Montana. Delaware has a third top common Social Safety retirement distinction quantity, since Montana is within a backside 5 states.
Beneath, see a standard Social Safety retirement distinction in any state and Washington DC, ranked from a bottom to a best.