Get More Money From Social Security
Even if Social Security will not be the primary income for one during retirement, Maurie Backman explains how to obtain a higher benefit with little effort. First, if earnings have peaked, extend your career a year or two to get more or higher earning years in the 35 year calculation. Second, delay filing beyond full retirement age, up to age 70 if possible to earn the maximum monthly benefit. Lastly, claim a spousal benefit if your partner was a higher earner and you were a lower one. Full article and more details 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.