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How are Social Security benefits calculated? - AARP That’s the foundation the Social Security Administration uses to calculate your benefits, using a three-step process First, Social Security adjusts your earnings for historical changes in U S wages, takes your 35 best-paid years and produces what it calls your average indexed monthly earnings (AIME)
Social Security Customer Service - AARP The Social Security Administration (SSA) offers customer service online, by phone and at field offices across the country You can conduct most routine business, including applying for benefits and filing appeals, at the Social Security website or by calling the SSA’s national customer service line (800-772-1213)
Social Security Plans ‘Significant’ Staff Reductions - AARP The Social Security Administration (SSA) announced plans this week for a “massive” restructuring of its operations that “will include significant workforce reductions” affecting thousands of jobs
10 Things to Know About Social Security Benefitsu2029 - AARP Social Security provides benefits to nearly 69 million people, and those monthly payments have an enormous impact on older Americans’ financial health According to the Social Security Administration (SSA), Social Security provides at least half of income for 2 in 5 beneficiaries ages 65 and older and at least 90 percent of income for 1 in 7
Biggest Social Security Changes for 2025 - AARP The COLA is applied to all Social Security payments — survivor benefits, family benefits and disability benefits, as well as retirement benefits — and to Supplemental Security Income (SSI), a monthly benefit administered by the SSA for people with low incomes and limited assets who are 65 or older, blind or have a disability
SSA to Withhold Benefits to Recoup Overpayments - AARP The Social Security Administration (SSA) doesn’t make payment errors often — less than 1 percent of the time, according to agency data But when it does pay a beneficiary more than they’re entitled to receive, the SSA is legally required to get the money back