Maximize Social Security Benefits With These 4 Tricks - AMAC & Barron's
Neil Templin of Barron’s writes an easy to understand piece on how to maximize Social Security benefits. So much is written on this topic, but it usually boils down to this advice: make sure you have a full 35 year work history and delay benefits as long as possible to age 70 to get the highest monthly payout. His section on “Working in Your 60s Can Be Doubly Sweet” explains how those later income years often replace the early years of one’s career with low wages. Point four is to coordinate benefits with your spouse. Full article 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.