President Joe Biden and First Lady Dr. Jill Biden are among the 66 million Americans who get a monthly Social Security check, according to the Social Security Administration.
Even though they hold the nation’s highest posts, the Bidens are qualified for these benefits as American citizens over 70.
POTUS’ Social Security Benefits?
The SSA states that beneficiaries, like the Bidens, are allowed to keep working while collecting benefits and that they are entitled to the full amount once they reach full retirement age (FRA), which is currently set by the United States government at age 67.
How much do the President and First Lady receive from Social Security on a monthly basis? To accomplish this, one needs to review the Bidens’ tax returns.
The tax returns of all US presidents except Donald Trump in the last several decades have been made available to the public.
Their most recent joint submission for 2021 is accessible for public review on the White House’s official website. All benefits received for the year are reported on line 6a of Form 1040, page 2. The total for both Joe and Jill is $54,665. This equates to around $2,277 each month for each couple or $4,555 on average.
Read more: Patriot missile defense technology: How widely is the system used?
The Bidens
The average monthly benefit for retired workers, as reported by the SSA, is $1,669, thus this amount is far higher. The Bidens are among the wealthiest people in the nation, so it stands to reason that their benefits would be commensurate with their high-earning status.
Forbes said that between 1998 and 2019, the pair earned around $22.5 million, with a significant amount coming from the Bidens’ book sales and other speaking engagements after leaving the White House in 2017. when Joe Biden was then the vice president.
Biden had already begun receiving his valid Social Security benefits when he became vice president in 2008, at the age of 66.
Prior to reaching full retirement age, he was receiving around $6,500 annually from Social Security, based on the article. In 2009, when he reached the full retirement age of 67, he was entitled to obtain larger benefits. From 2009 through 2019, the Bidens received a total of $385,000 in Social Security benefits.
Read more: Donald Trump NFT: Former President is accused of copying images for his collection