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Understanding the Social Security family maximum

(By – Robert Powell, www.marketwatch.com)

Social Security’s family maximum rules limit the total benefits payable to a beneficiary’s family. And the rules for calculating family maximum benefits are complicated, according to the authors of a report just published at Social Security Bulletin. Consider this just for starters: Different family maximum rules apply to retirement and survivor benefits than to disability benefits, wrote Kathleen Romig and Dave Shoffner, the authors of the report. Read more…

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