This calculator rounds your age of full Social Security benefits to the next highest full year. If your birthdate is between 1955 and 1959 your actual full retirement age for Social Security is 66 plus two months for each year after 1954. Your actual benefit may be lower or higher depending...
To understand Social Security benefit calculations, you first need to understand one piece of jargon: “primary insurance amount” (PIA). A person’s primary insurance amount is the amount of their monthly retirement benefit, if they file for that benefit exactly at theirfull retirement age. If ...
The Social Security Calculator is a powerful estimating tool that can answer these questions and help you plan for retirement. [ Features ] • Estimates the most profitable starting age for your benefits based on your income and life expectancy ...
If you are younger than full retirement age, your Social Security statement will include an estimate of your PIA (more details here). You can also call the SSA to request that they calculate your PIA, or you can calculate it yourself with the calculator at SSA.tools. PIA Have you ...
We assume you have earnings every year until you begin receiving Social Security benefits. If you had several years of noncovered employment or your earnings changed significantly from year to year, this calculator will overestimate or underestimate your benefit. Date of birth Enter an age between...
The Social Security Calculator is a powerful estimating tool that can answer these questions and help you plan for retirement. [ Features ] • Estimates the most profitable starting age for your benefits based on your income and life expectancy ...
Currently, the Social Security Board of Trustees projects program cost to rise by 2035 so that taxes will be enough to pay for only 75 percent of scheduled benefits. This increase in cost results from population aging, not because we are living longer, but because birth rates dropped from thr...
Maximizing your Social Security retirement benefit takes know-how. Read about the claiming strategies that will get you the biggest payout.
You've worked hard and paid into Social Security your entire life. Now it's time to devise a plan for maximizing your benefits! Calculate how taking Social Se…
Social Security provides benefits to retirees, survivors, and disabled workers. How much you receive depends on your age and income.