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The Mechanics of Social Security Benefit Calculations
Understanding how monthly Social Security benefits are calculated is a key part of planning for your retirement years, if for no other reason than to avoid surprises. The Motley Fool’s Dan Caplinger takes a look at a hypothetical $50,000 per year earner and illustrates how the calculation takes place. Read his article here…
Also, take note of the fact that the AMAC Foundation provides a free service to the public that can help you better understand this process, and that can provide insights tailored to your individual situation. For more information, visit the “Social Security Advisory Service” page on this website.