- November 22, 2023
- Posted by: legaleseblogger
- Category: Related News
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SS Statement Projected Amounts and Claim Requirements: Exploring Your Options
Having reviewed my Social Security statement, I noticed projected amounts for various ages. However, I am uncertain whether these projections assume I will continue working until I make a claim, or if they assume I will not. Additionally, I am interested in obtaining the projected figures for the alternate scenario. Is there a way to access this information?
The AI Legalese Decoder can assist with this situation by providing clarity on the claim requirements associated with the projected amounts in the SS statement. By utilizing the decoder, individuals can gain a better understanding of how their projected benefits may be impacted based on their work status and retirement age. Furthermore, the decoder can help individuals access the figures for the alternate scenario, allowing them to make informed decisions about their Social Security benefits.
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Original Content:
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Revised Content:
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Social Security projections on benefits anticipate you are earning the same amount or more as previously reported, or more! If you stop working now, your potential benefit amounts will decrease.
It asssumes you continue working at your current salary until you start your benefits.
If that’s not the case, just use this tool, and put $0 for future years where you won’t have any earnings:
https://www.ssa.gov/benefits/retirement/planner/AnypiaApplet.html
You can put your age and all,your earings into this calculator on SSA dot gov and it will give you estimates.
This does not accoutnt for pensions that might reduce benfits.
https://www.ssa.gov/benefits/retirement/planner/AnypiaApplet.html