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Five Steps to Maximize Your Social Security
Christy Bieber explains five things one can do to maximize their monthly Social Security benefits. Some things need to be planned for considerably far into the future. Waiting until your 60s to wonder how to maximize may be too late. Bieber discusses these five in depth: 1. Earn as much as possible throughout your career; 2. Work for at least 35 years; 3. Wait until age 70 to claim your benefits (note: few do); 4. Invest in Roth retirement accounts; 5. Choose your retirement location wisely. The last has to do with income taxes. 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.