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  2. Here are some factors that can take a big slice out of your ...

    www.aol.com/finance/factors-big-slice-social...

    Based on the garnishment order, the SSA will calculate how much to take off each monthly benefit payment. For example, if the order specifies a weekly dollar amount to be paid, then the SSA will ...

  3. The rule of 25 for retirement: What it means and how to ... - AOL

    www.aol.com/finance/rule-25-retirement-means...

    Rule of 25: After accounting for her Social Security and other sources of retirement income, Katie plans to spend $40,000 a year in retirement. 40,000 x 25 = $1 million, so Katie would need $1 ...

  4. How to Calculate Your High-3 for Federal Retirement - AOL

    www.aol.com/finance/calculate-high-3-federal...

    Continue reading → The post How to Calculate Your High-3 for Federal Retirement appeared first on SmartAsset Blog. While these formulas vary depending on certain factors, income and service ...

  5. Garnishment - Wikipedia

    en.wikipedia.org/wiki/Garnishment

    The federal garnishment limit (with some exceptions like child support and student loans) on a weekly basis is the lower of (A) 25% of one's disposable earnings (what's left after mandatory tax deductions), or (B) the total amount by which one's weekly wage exceeds thirty times the federal hourly minimum wage. Several other states observe ...

  6. Retirement planning - Wikipedia

    en.wikipedia.org/wiki/Retirement_planning

    Retirement planning, in a financial context, refers to the allocation of savings or revenue for retirement. The goal of retirement planning is to achieve financial independence. The process of retirement planning aims to: [1] Assess readiness-to-retire given a desired retirement age and lifestyle, i.e., whether one has enough money to retire

  7. Defined benefit pension plan - Wikipedia

    en.wikipedia.org/wiki/Defined_benefit_pension_plan

    Employees who reach age 65 or the specified retirement age in their plan can also collect the benefits. Starting in 2002, the maximum benefit is now reduced for retirement prior to age 62, and increased for retirement after age 65. [7] A defined benefit plan cannot force you to receive your benefits before normal retirement age.

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