February 29, 2008, Newsletter Issue #87: How to Determine your Social Security Benefits

Tip of the Week

There are many financial planning tools that will help you determine the best lifetime retirement income plan. Along with these tools is a Social Security benefits calculator that will help you generate an idea of what your benefit might be. Your Social Security benefit is determined by averaging your top earnings from your highest grossing income for the top 35 work years. There is a limit to the amount of benefits that you may receive.

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