Average Social Security Retiree Will Get 13% More Money in 2020 (If There's a Second Stimulus Check)
Nine out of 10 seniors age 65 and older rely on Social Security benefits to provide at least some of their income. These benefits aren't very substantial for most, though, with an average benefit of just $1,503 per month or $18,036 annually in 2020.
But for retirees who rely on money from Uncle Sam, there's some good news -- their take-home income from the government could be more than 13% higher this year. That is, if there's a second stimulus check that's the same size as the first one.
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Source Fool.com
