By Byron Moore, posted April 20, 2015
Originally published in The News Star and The Shreveport Times on Sunday, April 19, 2015.
Question: I have worked in the corporate world all my career. I’ve paid the maximum possible into Social Security most of that time. My wife, on the other hand, has been a teacher in a private school for her career. We both got our Social Security estimates online the other day and I could not believe how close they were. My income was multiples of hers, but she’s getting nearly half of what I’m getting. How does that work?
Answer: The deck is not exactly stacked in your favor.