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Why is it important to have 35 years of Social Security earnings?

By September 23, 2020Tips

When the Social Security Administration calculates your retirement benefit, it uses the 35 years of highest earnings throughout your career to determine your monthly benefit amount. What happens when you don’t have 35 years of Social Security earnings? This video explains, using two hypothetical examples, based on information from the SSA.gov website and the book Social Security In 30 Minutes, Volume 1: Retirement Benefits. Narrated by the publisher of Social Security In 30 Minutes, Volume 1: Retirement Benefits and Social Security In 30 Minutes, Volume 2: Disability Benefits.

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DISCLAIMER: This is not an official Social Security video, nor do I represent the Social Security Administration. Please read and review Social Security publications to understand how to apply for and receive benefits. i30 Media Corporation cannot be held liable for any direct, indirect, incidental, consequential, or special damages of any kind, or any damages whatsoever, arising out of or in connection with the use of this video.