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Column: Tips on maximizing Social Security

Social Security is often one of the most overlooked aspects of proper retirement income planning. Here are some specific rules to keep in mind as you start factoring your Social Security benefits into your retirement planning. You contribute 6.2 percent of your income. Workers pay 6.2 percent of their earnings into the Social Security system, up to $117,000 in 2014. Employers pay a matching 6.2 percent for each worker. Self-employed workers must contribute 12.4 percent of their income annually. Read more…

 

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