Common misconceptions about how Social Security benefits are calculated - The Motley Fool

Among Social Security beneficiaries, 37 percent of men and 42 percent of women receive 50 percent or more of their income from Social Security. Among elderly Social Security beneficiaries, 12 percent of men and 15 percent of women rely on Social Security for 90 percent or more of their income. As you can see, Social Security is an important source of income for millions of retired workers. Three important factors determine the Social Security benefits you will receive monthly. But most Americans are unaware of these factors leading to poor decisions and missed opportunities to maximize their Social Security benefit. Trevor Jennewine addresses the three commonly misunderstood facts about Social Security by most Americans. Read Mr. Jennewine’s article here…

Notice: The link provided above connects readers to the full content of the posted article. The URL (internet address) for this link is valid on the posted date; cannot guarantee the duration of the link’s validity. Also, the opinions expressed in these postings are the viewpoints of the original source and are not explicitly endorsed by AMAC, Inc.; the AMAC Foundation, Inc.; or

What's Your Opinion?

We welcome your comments. Join the discussion and let your voice be heard. All fields are required

Website by Geiger Computers