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The maximum Social Security benefit varies depending on a worker's retirement age and the calendar year the worker retires, according to the Social Security Administration. Two workers who retire in the same year, but at... More »

www.reference.com Government & Politics Social Services

Social Security beneficiaries received a 1.5 percent cost-of-living raise in 2014, bringing the average monthly benefit to $1,294 for individual workers and $2,111 for couples. The actual monthly benefit is based on how ... More »

www.reference.com Government & Politics Social Services

Social Security tax rates were 6.2 percent in 2014 for employers and employees with a maximum taxable earning of $117,000. A worker who retired at full retirement age was able to collect a maximum Social Security benefit... More »

www.reference.com Business & Finance Financial Planning
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As of 2015, the maximum monthly Social Security benefit for a recipient at full retirement age is $2,663, according to the Social Security Administration. Full retirement age is between 65 and 67, depending on year of bi... More »

www.reference.com Government & Politics Social Services

The best way to plan now for the highest future Social Security benefit is to delay collecting benefits until full retirement age or later. Because Social Security benefits are calculated by factoring in the 35 working y... More »

www.reference.com Government & Politics Social Services

Once an individual reaches full retirement age, currently age 67 as of February 2015, there is no limit or penalty on how much a person can earn, as stated by the Social Security Administration. However, there are income... More »

www.reference.com Government & Politics Social Services

Social Security retirement benefits are lower for individuals who elect to begin receiving benefits before the age of 62, and higher for those who delay taking benefits until after full retirement age, according to the S... More »

www.reference.com Government & Politics Social Services