For 2018, the maximum monthly benefit payable to a newly retired
worker at their full retirement age will be $ 2,788.
For 2018, the maximum monthly benefit payable to a newly retired
worker at their full retirement age will be $ 2,788.
A loophole allowed
a worker at full retirement age or older to apply for retirement benefits and then voluntarily suspend payment of those retirement benefits, which allowed a spousal benefit to be paid to his or her spouse while the worker was not collecting retirement benefits.
Not exact matches
This strategy is useful for dual - income couples in which each spouse qualifies for his or her own retired
worker benefit, but one spouse must be
at least
full retirement age, AARP reports.
The estimated Social Security benefit for
workers retiring
at full retirement age in 2018 is $ 1,404.
For 2017, the maximum Social Security benefit for
workers retiring
at the
full retirement age of 66 is $ 2,687 per month.
The practical impact of this formula is that a
worker with lower wages might expect to receive a social security benefit that replaces about 45 % of those wages on an inflation - adjusted basis, assuming the
worker retires
at full retirement age.
The maximum Social Security benefit for a
worker retiring
at full retirement age, which is
age 66 for those born between 1943 and 1954, will be $ 2,663 a month.
For 2017, the maximum monthly Social Security
retirement benefit for a
worker retiring
at the
full retirement age of 66 years is $ 2,687.
«Gradually updating the
full retirement age at which
workers can claim benefits.»