Social Security benefits are paid through a complex formula that takes into account how much a taxpayer earned during their career and at what age they claim benefits. When taken en masse, the average Social Security retirement benefit for all retired workers was $1,657 as of January 2022, but the maximum possible benefit reached $4,194.
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To determine which states received the most Social Security benefits, GOBankingRates accessed data from the Social Security Administration regarding total benefits paid by the state, along with the number of Social Security beneficiaries in each state. For this analysis, only old-age, surviving dependant’s and disability insurance, or OASDI, has been included. Supplemental Security Income (SSI) was not considered. States are ranked in reverse order, with the state that receives the most Social Security being number 1. Check out the 10 states that receive the most.
10. Georgia
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Total social security received: $2.65 billion
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Total number of recipients: 1,902,790
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9. North Carolina
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Total social security received: $3.12 billion
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Total number of recipients: 2,183,353
8.Illinois
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Total social security received: $3.32 billion
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Total number of recipients: 2,274,372
7.Michigan
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Total social security received: $3.36 billion
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Total number of recipients: 2,250,141
6.Ohio
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Total social security received: $3.34 billion
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Total number of recipients: 2,405,217
5. Pennsylvania
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Total social security received: $4.25 billion
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Total number of recipients: 2,877,728
4. New York
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Total social security received: $5.40 billion
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Total number of recipients: 3,680,264
3. Texas
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Total social security received: $6.11 billion
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Total number of recipients: 4,421,803
2. Florida
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Total social security received: $6.94 billion
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Total number of recipients: 4,840,275
1. California
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Total social security received: $8.66 billion
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Total number of recipients: 6,150,009
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This article originally appeared on GOBankingRates.com: 10 States That Receive the Most Social Security
