How To Increase Social Security Payments After You’ve Retired
There’s no magic bullet to boost Social Security benefits or secret stash of cash for folks despite on-line articles that suggest these things. Essentially the ways to maximize benefits are or should be well known. This piece by ABC news station KAKE reminds folks to try to work 35 years, as that is the basis for calculating Social Security retirement benefits. Cost of living adjustments kick in every January 1st. The bigger your base, the more dollars added each year. Lastly, stay within your earnings limit if not yet at full retirement age. 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.