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PICPA offers 10 ways to maximize Social Security benefits
For most Americans, Social Security retirement benefits typically represent 30 to 60 percent of their retirement income, yet, according to the National Social Security Association LLC, more than 90 percent of Social Security recipients receive less money than they are entitled to. For many, this can represent tens of thousands, or even hundreds of thousands, of dollars in lost retirement benefits. The value of monthly payments available through Social Security can be the equivalent of having saved several hundred thousand dollars. Most people would want to seriously consider their options before making a decision about that much money. People shouldn’t tell themselves that it’s “only” such-and-such an amount per month — the numbers always add up. Read more…