News

VIDEO: How Your Social Security Benefits Are Calculated

Typing on a calculator
Image: GoDaddy

“Why do I receive the amount of Social Security benefits that I do?” is question many retirees ponder. Your benefits are based on various criteria, and this video produced by AARP (American Association of Retire Persons) provides a great explanation. The accompanying article even includes a link to AARP’s easy to use Social Security Calculator.

One thing is clear – Social Security is not nearly enough to live comfortably. The average benefit was only $1,543 last year. The Seniors Trust is committed to making sure seniors receive a fair amount – which they have earned. The key to protecting and expanding Social Security retirement benefits for millions of American seniors is the passage of the Social Security Expansion Act. Once enacted, it would be an average $65 more each month into the hands of seniors. Please, sign our petition to Congress and join us as we strive to improve the lives of senior citizens.