(NEXSTAR) – The amount of a retiree’s Social Security payments is based on numerous factors, including that person’s previous earnings, the number of years they worked, and their age at retirement.
Jake Safane has nearly 15 years of journalism and marketing experience on topics ranging from local entrepreneurship to international banking. He has written for publications such as The Economist, LA ...
Social Security cost-of-living adjustments (COLAs) are calculated as percentages. If your Social Security checks are larger than average today, you'll get a larger COLA than average by dollar amount.