Tips On Using The Windfall Elimination Calculator

This calculator was designed specifically to allow you to get Social Security estimates if you have a pension from work where you did not pay F.I.C.A. (The most accurate estimates can be obtained by using the Detailed calculator, but you must download it to your own computer to use.) 1. Print out your earnings history…
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Will The Windfall Elimination Provision Affect You When You Apply For Social Security?

If you work for a federal, state or local government agency, a nonprofit organization or in another country, you may be eligible for a pension based on earnings not covered by Social Security. A pension based on earnings not covered by Social Security can affect the amount of your Social Security benefit. We do not…
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Get The Best Of Social Security

Social Security has a toolbox full of resources on its website, www.socialsecurity.gov, to help you with your financial planning. With so many resources, maybe it’s easier if we highlight one of our “best.” B.E.S.T. is the Benefit Eligibility Screening Tool, available at https://ssabest.benefits.gov. It can help you find out if you might be eligible for…
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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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