Do you know how to find out how much money you’ll receive in Social Security benefits? The Primary Insurance Amount (PIA) is very useful in this case. It shows you how much money you’ll receive based on the age you begin claiming benefits and your Average Indexed Monthly Earnings.
According to the Biden-Harris administration, the plan would be to raise the PIA for Americans ages 78 to 82 to help them deal with rising costs later, when they get older.
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