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Social Security benefits are based on your earning history. ... you shrink your standard benefit by 5/9 of 1% for the first 36 months you claim early, and by 5/12 of 1% for any prior month ...
Discover: 6 Reasons You Won’t Get Social Security. Your online Social Security statement will show all the earnings you’ve had each year and how much you could receive per month in Social ...
The SSA mails Social Security statements to pre-retirees each year letting you know what your monthly payment might be when you file for benefits, based on your earnings record and when you decide ...
The Social Security Administration (SSA) provides benefit estimates to workers through the Social Security Statement. The Statement can be accessed online by opening an online account with SSA called my Social Security. With that account, workers can also construct "what if" scenarios, helping them to understand the effect on monthly benefits ...
The Social Security Administration (SSA) leans on four factors to determine how much you'll be paid: ... To calculate your monthly retired-worker benefit, the SSA will account for your 35 highest ...
A separate analysis from the Center on Budget and Policy Priorities found that the poverty rate for adults aged 65 and above would be nearly four times higher if Social Security didn't exist -- 10 ...