Ever wonder why a Social Security check is the amount it is? - AMAC & The Motley Fool

People have been warned for years never to discuss what they paid for their airline ticket with the passenger next to them. Those differences in ticket prices are often a strange combination of the day or even hour of the week the ticket was booked and many other confounding factors. But Social Security check differences among people have real rationale and are not meant to be mysterious. Kailey Hagen explains that quite simply– income earned during your working years dictates the size of your checks. But she also explains income earned between early and full retirement age also dictates any withholding, and lastly, how crossing certain thresholds of income dictates how much income tax is due. This often surprises many. Full 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; socialsecurityreport.org 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 socialsecurityreport.org.

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