Why Earning More Boosts Your Social Security Income Only So Much

Social Security payments are based on your average wages, so it stands to reason that increasing your income will give these benefits a boost. And indeed, working to earn larger paychecks can be one of the best ways to raise your retirement benefit.

But there's a limit to how much impact a higher salary can have on the size of your Social Security benefit, and there are two key reasons. 

Image source: Getty Images.

Continue reading


Source Fool.com