Seniors in These Five States are Most Reliant on Social Security

Social Security is the financial lifeblood for millions of older Americans. According to an article by News Nation citing a GoBanking Rates study, seniors in West Virginia, Maine, Vermont, Hawaii, and Florida are most dependent upon Social Security for their retirement income.

With West Virginia being most reliant, 41.22 percent of residents depend on their Social Security benefits, receiving an average retirement income of $25,524.

At the other end of the spectrum, those least reliant on Social Security are residents in Utah, Alaska, Texas, Colorado, and North Dakota. Only 23.86 percent of people living in Utah receive benefits.

The Seniors Trust is committed to improving the financial well-being of older Americans through the passage of the Social Security Expansion Act. It will give retirees an immediate benefits increase of about $200 a month, a fair annual cost-of-living adjustment (COLA), increased minimum benefits, and ensure the long-term solvency of the Social Security program.