The Social Security Administration announced the following rates to explain what percent of your Social Security benefits you will
receive based on how old you are when you start receiving Social Security benefits
Percent of
Benefit
Age
62
6)
75
30
86.
66
100
Assume Shelley Kate decides to take her Social Security at age 63. What amount of Social Security money will she receive each
month, assuming she is entitled to $900 per month?
Amount of Social Security money