17.02.2025 09:44:00

Does President Donald Trump Receive a Monthly Social Security Check? You Might Be Surprised...

For most retirees, Social Security income is indispensable. Although the average monthly retired-worker benefit to kick off 2025 was a modest $1,975.34, 88% of surveyed retirees in April 2024 told national pollster Gallup that their payout is needed, in some capacity, to cover their expenses.Furthermore, recently updated estimates from the Center on Budget and Policy Priorities show that 22 million people were pulled above the federal poverty line by Social Security in 2023, 16.31 million of which were adults aged 65 and above.Any American citizen who amasses 40 lifetime work credits (of which a maximum of four can be earned annually), and is at least 62 years old, meets the requirements to receive a monthly Social Security retired-worker benefit -- and this includes President Donald Trump.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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