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Social Security - News, Tools, and Resources - AARP Tools Resources Social Security Calculator Get an estimate and ways to maximize your Social Security Benefits View Free On Demand Webinars Watch on demand and learn how to avoid costly Social Security mistakes
How are Social Security benefits calculated? - AARP Finally, Social Security plugs in the age at which you claim benefits They take a bite from the full benefit if you are younger than full retirement age — you can lose up to 30 percent of your benefit by starting retirement benefits at 62, the earliest possible age
How COLA Is Calculated By Social Security - AARP Your Social Security payment typically is adjusted annually for inflation to ensure that the purchasing power of benefits is not eroded by rising prices This cost-of-living adjustment, or COLA, tracks inflation using a government measure of consumer prices for a variety of household goods and services