Ever wonder how big Joe Biden’s Social
Security check is? Take a look
BizPac Review,
by
Terresa Monroe-Hamilton
Original Article
Posted By: Imright,
9/7/2022 12:11:22 PM
According to President Biden’s tax return for last year, the first couple received a whopping $4,555 a month in Social Security benefits alone which put them well above what the average retired American brings home each month.
And that doesn’t include all of their other streams of income.
Social Security just celebrated its 87th birthday. It was signed into law in August 1935 and payouts began on Jan. 1, 1940. It has become the safety net for more than 48 million retired Americans and many depend on a monthly check from the agency to survive. The average Social Security check is $1,670.95, according to The Motley Fool.
Reply 1 - Posted by:
itsonlyme 9/7/2022 12:33:57 PM (No. 1270937)
To avoid a future "incident", Jill probably told him to hock the bicycle next time they're in Delaware.
8 people like this.
Reply 2 - Posted by:
MickTurn 9/7/2022 12:43:55 PM (No. 1270942)
Well with all his bribes, he stole enough to tide him over until he hit 70 and claimed his SS money...
9 people like this.
Reply 3 - Posted by:
DVC 9/7/2022 12:49:02 PM (No. 1270950)
A person's SS payment is based on years and earnings. Joe got a large salary from the government for his whole life, even though he never earned it.
23 people like this.
Reply 4 - Posted by:
stablemoney 9/7/2022 12:49:53 PM (No. 1270952)
I demand an audit of all Biden's tax returns. I want to know if he reported all those bribes as income.
21 people like this.
Reply 5 - Posted by:
udanja99 9/7/2022 12:57:27 PM (No. 1270963)
Why is he getting Social Security at all? The government has its own plan for its employees which is not SS and he hasn’t had a real private sector job probably since his (supposed) life guard days. Plus, he’s still employed. Sounds to me like he’s double dipping and that Treasury is letting him do it.
30 people like this.
Reply 6 - Posted by:
rytwng 9/7/2022 1:43:28 PM (No. 1271002)
After Joke croaks, how much will Jill get every month.
4 people like this.
Reply 7 - Posted by:
Condor44 9/7/2022 2:37:58 PM (No. 1271040)
That greedy pig is a money sucking machine. He gets a salary as president plus his other grits. Trump gave back his salary, unlike greedy Biden. FJB!
16 people like this.
Reply 8 - Posted by:
Geoman 9/7/2022 2:50:44 PM (No. 1271044)
I was told recently informed that in 2022, those drawing social security cannot make more than $19,560 in earned income without having to pay huge penalties, incur significant tax liabilities, and potentially be required to pay back what they earned in their SS retirement checks. The article doesn't mention this. Anyone know the definitive answer?
7 people like this.
Reply 9 - Posted by:
crashnburn 9/7/2022 3:35:13 PM (No. 1271073)
That only applies if you are still working and take SS benefits before your full retirement age, and up to that age
3 people like this.
Reply 10 - Posted by:
Paglia guy 9/7/2022 4:37:46 PM (No. 1271127)
The "average check" is small because most people take their social security at age 62. If you wait until 70, like many people working at that age, the payment is considerable higher. I am not rich, but the payment to my wife and me next year when I turn 70 will be higher than the Bidens'.
4 people like this.
Reply 11 - Posted by:
Paglia guy 9/7/2022 4:39:44 PM (No. 1271132)
Sorry, #8, that's only for those between age 62 and their "full retirement age." It's to avoid "double-dipping."
1 person likes this.
Reply 12 - Posted by:
judy 9/7/2022 4:42:00 PM (No. 1271134)
My sister worked for the federal government… she was not allowed to draw SS. I thought feds didn’t pay into SS …they have their own retirement plan .
6 people like this.
Reply 13 - Posted by:
cheeflo 9/7/2022 5:04:45 PM (No. 1271159)
If he paid into it, he's entitled to receive it. Members of Congress, as well as the president and vice president, federal judges, and other federal government officials and employees. have paid into the SS system since January 1984 after a federal pension overhaul in 1983.
Social Security benefits are based on an average of your 10 highest earning years, so considering his earnings, it's not surprising that he draws the maximum benefit. I don't know much about Dr. Jill's employment history. The tax is 6.2% on income up to $147,000, which is matched by the employer. The maximum possible Social Security benefit in 2022 depends on the age you begin to collect payments and is $2,364 at age 62; $3,345 at age 66 and 4 months, and $4,194 at age 70.
Once you have reached full retirement age, there is no limit on additional earnings from employment. You can take on a full-time job if you want and still collect SS. I think that Medicare premiums are not withheld from SS payments for any period you're actively paying FICA taxes.
0 people like this.
Reply 14 - Posted by:
Starboard_side 9/7/2022 7:55:08 PM (No. 1271286)
Wow, and he has a pension from the Senate gig, and now making over $400,000 as POTUS which will also come with another pension.
2 people like this.
Reply 15 - Posted by:
daisey 9/7/2022 7:58:16 PM (No. 1271289)
Reading about Joe and Jill is bad for my health, mental and physical. They live in a corrupt world where they are above the law. So is the rest of their family, along with Pelosi, Schumer, Schiff, and the whole repulsive group.
4 people like this.
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