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The amount of your monthly payment could swing by thousands of dollars simply based on the age you file.
Thats something to keep in mind if you plan to start collecting Social Security next year.
Be sure to check your annual earnings carefully to verify they are accurate.
Your 35 highest-earning years will determine your monthly Social Security payment.
If something looks wrong, get in touch with the Social Security Administration (SSA).
Also, double-check to ensure your expected benefits look accurate based on your earnings.
That rises to $32,000 if youre married and filing a joint return.
For anything above those income levels, up to 85% of your benefits could be taxable.
That doesnt necessarily mean you have to begin taking distributions immediately.
You arent required to make withdrawals until you hit the required minimum distribution (RMD) age.
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