5 States with Highest Average Social Security Payment

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This article takes a look at the 5 states with highest average social security payment. If you wish to check out our detailed analysis on decoding the social security dilemma, you may go to the 20 States with Highest Average Social Security Payment.

5. Maryland

Estimated Total Annual Benefits Paid: $16,624 (million)

Number of Retired Workers: 798,028

Average Social Security Check: $1,886.97/month

Maryland makes it to our list of top 5 states with the highest average social security payment per month. The average monthly social security check in the state is $1,886.97. Social Security benefits and 401(k) distributions are exempt from taxation in this state. However, other types of income are fully taxed. The state also has an estate and an inheritance tax.

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