About Mabank. Mabank, Texas. (Mabank, Texas is located on U.S. Highway 175, near the intersection of Farm Road 90, FM 198, and U.S. Highway 175, sixteen miles southeast of Kaufman, Texas, far in the southeast corner of Kaufman County, Texas. The Mabank, Texas area was first settled by Lorenzo D. Stover in 1846.
A: Your Social Security payment is based on your best 35 years of work. And, whether we like it or not, if you donât have 35 years of work, the Social Security Administration (SSA) still uses 35 years and posts zeros for the missing years, says Andy Landis, author of Social Security: The Inside Story, 2016 Edition.
Social Security benefits are lower for women than for men. The average Social Security benefit for women 65 and older is about $13,500 per year, compared to about $17,600 for men 65 and older. Women rely even more on income from Social Security than men do On average, female beneficiaries 65 and older receive 61 percent of their family income from Social Security, compared to 56 percent for male beneficiaries 65 and older.