Understanding How Your Social Security Benefits are Calculated

To many people, the methodology behind the actual calculation of their monthly benefit is not a clearly understood thing. Beginning with an explanation of the Primary Insurance Amount (PIA)–the basic element in arriving at your benefit amount–Mark Miller provides a bit of insight into the overall process. His article, titled “Taking a look at how your Social Security benefit is calculated,” is posted on www.bendbulletin.com. Read the article here…

 

This posting is presented for informational purposes only and does not represent legal or financial guidance. Any opinions or interpretations presented are either those of the original author or, in the case of articles authored by the AMAC Foundation, are the opinions of AMAC Foundation staff, originally trained and accredited by the National Social Security Association (NSSA) and certified via the AMAC Foundation. Any links included in the article are valid on the posted date; socialsecurityreport.org cannot guarantee the duration of the links’ validity. NSSA and the AMAC Foundation and its staff are not affiliated with or endorsed by the Social Security Administration or any other governmental entity. To submit a question, visit our website (https://amacfoundation.org/services/) or email us at ssadvisor@amacfoundation.org. Because we are a non-profit organization, there is no charge for these services.

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