Tuesday, September 15, 2015

Social Security: Get the maximum benefit

To receive the maximum Social Security retirement benefit, a worker’s earnings must equal or exceed the current base of $118,500.

That’s almost 50 percent higher from 1994, when it was $60,600.

The maximum monthly benefit if you retire in 2015 at full retirement age is now $2,663; the average for January was $1,328. 

Source: Social Security Administration 

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