How Social Security benefits are calculated on the median U.S. salary скачать в хорошем качестве

How Social Security benefits are calculated on the median U.S. salary

Planning to save for retirement might not be a priority. Luckily, you'll have some help from Social Security. Here's how much you can expect to receive if you earn the median U.S. salary of $49,764. The median weekly pay for U.S. workers was $957 at the start of 2020. That works out to an annual salary of $49,764. If the money came from a traditional job, 6.2% of your salary or about $3,085 would go toward Social Security taxes. That sum is then matched by employers. Those numbers are straightforward. Figuring out how much you will get when you are ready to retire is a different story. Remember: Social Security was not envisioned as your sole source of money for retirement, and the totals are always changing. How much should you expect from Social Security if you make the median U.S. salary? Watch this video for a breakdown of how much you will get and how your monthly benefit will be calculated. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2JdMwO7 » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC » Subscribe to CNBC Classic: https://cnb.cx/SubscribeCNBCclassic Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide. Connect with CNBC News Online Get the latest news: http://www.cnbc.com/ Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC Follow CNBC News on Facebook: Follow CNBC News on Twitter: https://cnb.cx/FollowCNBC Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC #CNBC #CNBC TV