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Golden Years Social Security Could Top Salary
A 62 year old man with a wife of the same age earning about $150 a week stands to gain more in retirement under the new Social Security law. Those averaging $7,800 yearly for the five best years prior to 1973 qualify for the maximum benefit of $250.70 monthly, with spouses getting $125.40. Combined benefits, pensions, and Medicare shape retirement to near current salary, despite taxes and deductions.
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Social Security