Wednesday, February 22, 2023

How does Social Security work?

 How Does Social Security Work?

Most Americans contribute 6.2% of their earnings to the Social Security system, and employers pay a matching amount. Those who are self-employed pay 12.4% of their income into Social Security. Workers who have sufficiently paid into the system can collect retirement benefits beginning at age 62 or older. You may also be eligible to collect benefits if you become disabled, and your family members might qualify for survivor's payments after you pass away.
If you have questions ask for "Your Guide to Social Security" by calling 320-679-5183 or at yoursafemoneyshow.com.

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