4 Key Signs Your Social Security Check Might Be Smaller Than You Thought

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Thats because a portion of the tax typically goes towards Social Security.

The less you pay, the less youll receive in benefits.

Then, your paycheck will be $1 less for every additional $3 you earn.

Some may opt to delay taking their benefits until age 70, when the monthly paychecks could be higher.

Youll receive 8% added to your initial benefit amount each full year you delay taking Social Security benefits.

Say you decide to start taking Social Security checks at age 68.

This will affect how much you will receive because having no income will bring down the average.

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