How Is Social Security Funded?
1:27
Social Security gets most of its funding from taxes and special government investments, but it also has reserves from years of taking in more money than it paid out.
Social Security gets most of its funding from taxes and special government investments, but it also has reserves from years of taking in more money than it paid out.
AARP Answers Similar Videos
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Will My Social Security Payment Increase If I Keep Working?
1:05
If you start collecting before full retirement age, your income could lower your monthly benefit if you make above a set limit. That limit goes away at full retirement age, and you could actually raise your benefit amount.
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What is the Full Retirement Age for Social Security?
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Social Security’s full retirement age is when you qualify for 100 percent of your benefit, at age 66 or 67, depending on when you were born. You’ll earn even more if you wait till age 70.
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How Does Marriage Affect My Social Security?
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You can collect spousal benefits if they’re higher than your individual benefits. You may still be eligible to collect spousal benefits if the marriage ends, depending on several factors.