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Maximizing Those Social Security Benefits
Everyone would likely do it, or at least consider it, if they only knew. Such is the case with maximizing Social Security payments. To get the highest benefit one should earn more and work more, meaning 35 years or more (to avoid zeros in the calculation) plus wait until age 70 to commence benefits. James Royal states this and also advises these strategies: consider options if marries and/or divorced, work with a specialized financial advisor, and suspend your benefit to the degree allowed. 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.