Social Security

Social Security benefits offer a nice supplemental income to any retirement plan. If you’re nearing retirement and are curious to know how much Social Security you qualify for, click here.

Many are curious as to how Social Security benefits are calculated. The benefits are based on your lifetime earnings. First, your earnings are adjusted for changes in average wages over time, or “indexed.” Once indexed, Social Security takes your average monthly earnings from the 35 years in which you earned the most. This formula determines how much you will receive once you reach full retirement age.

When should you begin taking social security? As with most financial issues, it depends on a variety of factors. Retirement Pathways will discuss your situation with you and help you determine what will benefit you. Begin thinking about this decision and take a look at the link below for a quick overview.

Living to 100

What if you want to continue working? There can be limits on how much you can earn and still receive Social Security benefits. Click here to find more information.

Enrolling in Medicare – How Do I Sign up for Medicare Part A & B if I am close to age 65 and get or can get Social Security benefits? Click here for more information.

Securities offered through American Equity Investment Corporation. Member FINRA/SIPC. Check the background of this investment professional on FINRA’s BrokerCheck. 4222 Grant Line Road, New Albany, IN 47150. Investment advisory services offered through American Capital Management a State Registered Investment Advisor. Retirement Pathways, Inc. is independent of American Equity Investment Corporation and American Capital Management.