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Social Security Retirement Benefits At A Glance

Social Security Benefits

Social Security retirement benefits represent one of the main forms in which benefits of this kind are provided to recipients under the U.S. system of government and law. Social Security retirement benefits are accorded most generously to those individuals who choose to carry out their Social Security retirement at the specified age, as has been fixed under the U.S. law system as being that of 65.

In other cases, the benefits to be provided from the Social Security retirement program may be lessened if the recipient in question chooses to enter into retirement at the minimum age of 62 or at any other point in life up to that of 65.

To this end, the U.S. Social Security Administration’s online presence, that of the Social Security Online site at www.ssa.gov, maintains a “Estimate Your Retirement Benefits” page, at http://www.ssa.gov/planners/calculators.htm. People can estimate the amount to be furnished from their Social Security retirement by inputting such information as their name, the Social Security Number (SSN) on their Social Security card, where and when they were born, and their mother’s maiden name, thereby registering an account with the site.

The site can thereby estimate the Social Security retirement benefits to be provided to that person based on current numbers in terms of employment history and current financial status, among other considerations. The Social Security retirement situation can also be indicated in regard to possible further effects on the financial status of that individual, allowing for further financial circumstances to first be anticipated.

NEXT: Understanding Social Security Survivor Benefits

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