Retirees in the university town of Ann Arbor, Michigan, receive the largest Social Security income in the country, according to a recent study by financial technology company SmartAsset.Because the amount that Social Security recipients receive in monthly benefits depends on earnings during working years, payments can be significantly different. They can also change depending on what type of disability a recipient might have.
4 percent of the total retirement income of $66,232; in Goodyear, Arizona, it's 45.7 percent of a total $63,794; in Cambridge, Massachusetts, it's 35.5 percent of the total retirement income of $79,563; in Allen, Texas, it's 45.4 percent of a total $61,038.Newsweek contacted U.S. reps Debbie Dingell, Michigan's 6th Congressional District, and Victoria Spartz, Indiana's 5th District, for comment.In Sugar Land, Texas, Social Security income represents 39.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Social Security Map Shows States Where People Gained, Lost BenefitsFlorida, California and Texas saw an increase in recipients of federally administered payments.
Source: Newsweek - 🏆 468. / 52 Read more »
Attacks on Social Security, Medicare Shows Who Wants Americans to Work Longer, Die SoonerLynn Parramore is Senior Research Analyst at the Institute for New Economic Thinking. She is also a frequent contributor to Reuters, Al Jazeera, Salon, Huffington Post, and other outlets. Her first book of cultural history, Reading the Sphinx (Palgrave Macmillan) was named a 'Notable Scholarly Book for 2008' by the Chronicle of Higher Education.
Source: commondreams - 🏆 530. / 51 Read more »
The 2024 Trustees Report Shows that Social Security is Benefiting From a Strong EconomyNewswire Editor is a Common Dreams staff position.
Source: commondreams - 🏆 530. / 51 Read more »
Gnuastro: Simulating The Exposure Map of a Pointing Pattern - Simulating the Exposure MapOptimizing astronomical observation strategies with Gnuastro 0.21's new pointing simulation tool and improving exposure mapping accuracy.
Source: hackernoon - 🏆 532. / 51 Read more »
Trustee's Report Reminds Us: Social Security's Future Is on the BallotNancy J. Altman is president of Social Security Works and chair of the Strengthen Social Security coalition. She has a 40-year background in the areas of Social Security and private pensions. Her latest book is 'The Truth About Social Security: The Founders' Words Refute Revisionist History, Zombie Lies, and Common Misunderstandings' (2018).
Source: commondreams - 🏆 530. / 51 Read more »
Texas Power Outage Map Shows 700,000 People Without ElectricityMore damage and widespread power outages are expected to occur overnight.
Source: Newsweek - 🏆 468. / 52 Read more »