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Benefit

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While achieving bipartisan backing in Washington for the proposals is a longshot, Biden seemed to bet he can win support across the electorate. Get a quick summary of Biden's main points or read the full text of his first big speech as president.

Lifestyle

North Platte Pickleball is starting a community wellness challenge Tuesday.

Lifestyle

The Nebraska Association of Student Financial Aid Administrators is encouraging college and university students to know they may now qualify f…

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The CRR researchers created a model using household survey data from 2016 that showed 65-year-old single men who had 401(k) savings had a median account value of $106,000 and were eligible for an annual Social Security benefit around $15,400. Women with 401(k) savings had a median account value of $110,000 and were eligible for an annual Social Security payout of around $14,500.

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If you register at the Social Security website you can get an estimate of your Social Security benefits if you were to claim at 62, at your full retirement age or at age 70. Then you can decide if you want to withdraw your FRA amount (or less) from your 401(k) so you wait to claim Social Security as long as possible.

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New research gives important guidance on how to stretch your retirement dollars the furthest: In your 60s, lean on a “bridge” of withdrawals from your 401(k) and don’t start claiming Social Security until you turn 70.

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