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3 Social Security Secrets for Even Bigger Checks
It’s hardly a “secret,” as nearly every expert says to delay Social Security as long as possible (to age 70 if you can), but Kailey Hagen nonetheless notes to not start benefits at age 62 as among her three tips to send monthly checks skyrocketing. The other advice includes working longer, as that adds money to the calculation of benefits, as Social Security uses one’s 35 highest years of income. Working at age 64 or later could drop off a year of much lower income when one was in their 20s. The last tip involves coordinating spousal benefits carefully. Read the full piece here.
The AMAC Foundation offers a free-to-the-public advisory service to all folks ageing into–or already in–Social Security. This service provides guidance in understanding the complexities of Social Security and the myriad rules and regulations associated with the process for claiming benefits, with NSSA-Certified Social Security Advisors available via email or telephone to discuss options. Learn more about this service via the Foundation’s website.
This posting is presented for informational purposes only and does not represent legal or financial guidance. Any opinions or interpretations presented are either those of the original author or, in the case of articles authored by the AMAC Foundation, are the opinions of AMAC Foundation staff, originally trained and accredited by the National Social Security Association (NSSA) and certified via the AMAC Foundation. Any links included in the article are valid on the posted date; socialsecurityreport.org cannot guarantee the duration of the links’ validity. NSSA and the AMAC Foundation and its staff are not affiliated with or endorsed by the Social Security Administration or any other governmental entity. To submit a question, visit our website (https://amacfoundation.org/services/) or email us at ssadvisor@amacfoundation.org. Because we are a non-profit organization, there is no charge for these services.