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4 votes

In the US, is the Social Security benefit negatively affected if you have one or a few low income years?

Your question seems to be based on the premise that if you have fewer than 35 non-zero years, then only those non-zero years will be considered. That is, the average will be calculated by taking a sum,...
Acccumulation's user avatar
15 votes

In the US, is the Social Security benefit negatively affected if you have one or a few low income years?

So can it negatively affect the benefit number? How does it really work? No, it cannot. The earnings for past years are already recorded, and if you have 35 years of working history with higher wages ...
littleadv's user avatar
  • 176k
12 votes

In the US, does the Social Security benefit calculator assumes you work until the retire age?

The benefits estimate on ssa.gov is based on your earning history up to this point and an estimate of how much you will earn until retirement. Your estimate for age 62 assumes that you will work up ...
Ben Miller's user avatar
  • 116k
6 votes

What is the effect of WEP and GPO if I worked as a teacher?

The government pension effectively replaces Social Security for those workers. They are exempt from paying into Social Security, but unlike person A who doesn't work for pay (i.e. would never pay into ...
Stan H's user avatar
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