Category: Social Security

Make the Most of Your Social Security

When you work, some of your income (currently 6.2% of eligible wages) is withheld for Social Security tax. When you retire, you're eligible to get a Social Security benefit, which is a source of income based on your 35 years of highest earnings. Social Security uses a formula to determine how much you're eligible to receive when you reach your full retirement age (FRA), which is from...

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