Retiree Income Rankings: Ann Arbor Takes the Top Spot for Social Security Benefits
Ann Arbor, Michigan is leading the nation in Social Security income for retirees, according to a recent report. Data analysis from SmartAsset revealed that retirees in Ann Arbor received a mean amount of $30,428 in Social Security income. This amount is influenced by the individual’s accumulated Social Security taxes over their working years, with higher incomes resulting in larger benefits, as explained by AARP. However, there is a ceiling to the monthly payout, capping at …