What is the monthly payout in social security benefits equivalent to 4 social security credits?

Question by EdC: What is the monthly payout in social security benefits equivalent to 4 social security credits?

Since the maximum social security credits one can earn in a year is 4, what is the monthly payout (and duration) in social security benefits for those 4 social security credits?




Best answer:

Answer by Phurface
The calculations of benefits do not work in the manner you suggest. You earn a maximum of 4 credits per year. The minimum amount to earn a credit for 2010 is ,120 to earn 1 credit.

Your actual benefit amount is figured from your career earnings.

Social Security employee 20 years.

Add your own answer in the comments!