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How to Beat the Average Monthly Social Security Benefit
Did you know the average Social Security benefit is $1,559 per month? Selena Maranjian notes no one has to settle for that amount though. She suggests strategies for increasing one’s monthly benefit. Key to this is working longer and/or delaying benefits, up to age 70 if possible. She also notes who you marry can have a big effect on benefits. 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.
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