Can You Boost Your Social Security Benefit in 2024? Maybe.
Keith Speights notes it may be possible to boost your Social Security benefit, even if you are already collecting one. Beyond delaying to age 70, which is the best way to gain the highest payment, people can keep working. First, it’s possible that a year’s salary now might overtake one early ion your career and thus yield a better benefit. Second, verify your earning history. If you find a mistake, you might get a higher benefit. Third, consider canceling your payment to get the benefits of delaying, though this is only open to those who started in the last 12 months. Full piece here.