What's the Maximum You Could Get from Social Security in 2020?
Social Security benefits are a vital source of income for most retirees, but they don't provide enough for most people to live on. They're intended to replace only around 40% of pre-retirement income, and there's a maximum limit on what you can receive.
The annual maximum amount changes from year to year and depends on the age at which you claim benefits. While most people won't receive the maximum, it's helpful to know what it is so you can see just how much income Social Security could potentially provide.
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Source Fool.com