Maximum Social Security Retirement Benefit

Each year that Social Security beneficiaries receive a COLA, some other important figures increase because of the COLA. One of these is the maximum benefit payable. Do you know how the maximum Social Security retirement benefit is figured? When Social Security computes a retirement benefit, we index the earnings to the increase in the average…
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2018 Social Security COLA

Social Security Announces 2.0 Percent Benefit Increase for 2018 Monthly Social Security and Supplemental Security Income (SSI) benefits for more than 66 million Americans will increase 2.0 percent in 2018, the Social Security Administration announced today. The 2.0 percent cost-of-living adjustment (COLA) will begin with benefits payable to more than 61 million Social Security beneficiaries…
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Medicare Part B Premium Payment

As the nation’s health program, many people have questions about Medicare when they first begin to have the coverage. When you were employed, you paid a Medicare tax that gives you Medicare Part A (hospital insurance) without a monthly premium. If you decide to have Part B (covers doctor’s services, durable medical equipment, lab tests, etc.), you…
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Retiring Abroad? What You Need To Know About Getting Benefits Overseas

Retiring outside of the United States can be an exciting way to spend your golden years. Perhaps retirement in Poland or Peru is in your plans. In many cases, it’s possible to receive your Social Security retirement benefits while living abroad. Our website can help you navigate your benefit eligibility while living overseas. If you’ve…
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Understanding The Government Pension Offset

Getting ready for retirement requires evaluation of all your sources of retirement income. Even if you worked for the government and didn’t pay the FICA tax on your earnings, you may be eligible for benefits from your spouse’s work under Social Security. However, when you receive both your own non-covered government pension and a Social…
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