The Importance of Knowing How Benefits are Calculated

The Motley Fool’s Maurie Backman, in a post on their website, makes note of the fact that anyone having worked less than 35 years under Social Security is likely facing a reduced payment when they claim their payment. Her post offers suggestions on how to deal with this situation. specific via extending time in the workforce to enhance the benefit calculation. Read her post here.

Also, about Social Security’s benefit calculation process itself, anyone planning to enter the world of retirement benefits from this program should have a well-rounded understanding of how that monthly benefit amount is calculated. A post from yesterday on this site will help you with that…check it out here.

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