How Big Is Joe Biden's Social Security Check? Take a Look
Last month, Social Security celebrated its 87th "birthday." Since being signed into law in August 1935 and beginning payouts on Jan. 1, 1940, Social Security has served as a financial foundation for our nation's retired workforce.
Today, more than 48 million retired workers are receiving a monthly check that averages $1,670.95, as of July. While this might not sound like a lot -- especially with inflation at four-decade highs -- Social Security plays a key role in helping recipients make ends meet. According to national pollster Gallup, 89% of surveyed retirees count on Social Security as a "major" or "minor" source of income. This means only about one in 10 Americans aren't reliant on Social Security income during retirement.
President Joe Biden happens to fall into this exclusive club.
Source Fool.com
