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Three ways to increase your Social Security benefit - The Street
You can typically get monthly Retirement benefits starting at age 62 if you’ve worked and paid Social Security taxes for 10 years or more. However, your benefit will be permanently reduced. The reduction is calculated based on the number of months before your full retirement age that you begin collecting benefits. If you find your reduced benefit is not sufficient, there are ways to increase your Social Security benefits. Damilola Esebame, writing for The Street, outlines several little-known provisions that may allow you to reverse, suspend, or adjust an earlier filing decision under certain circumstances. Read Mr. Esebame’s article here…
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