https://www.retirementplanningscottsdale.com/2019/03/08/anil-vazirani-points-out-social-security-offers-a-special-minimum-benefit/Anil Vazirani points out Social Security offers a special minimum benefit
Social Security offers a special minimum benefit to enable certain low-income workers to receive a higher benefit than what the traditional formula would allow, according to an article from Fox Business, per Lee Conrad of Financial Planning on March 5, 2019.
To qualify for the special minimum benefit, clients should have reported a minimum amount for at least 11 years. This amount is adjusted yearly for inflation. For example, workers would get credit for the special minimum benefit this year if their annual income reaches $14,805.
Read more: https://www.financial-planning.com/news/does-social-security-still-have-a-minimum-benefit
We can help you set up a plan that will keep you secure during your retirement years. Contact us at 1-800-957-5604 x200.
Anil Vazirani Integrity and Professional Background – Click Here
RETIRE AND STAY RETIRED,
SAFE, SMART, AND SECURE!
Call today for a Complimentary
Strategy Session: 1-800-957-5604 x 200
Secured Financial Solutions
14301 North 87th Street, Suite # 216, Scottsdale, AZ 85260