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The right strategy can help you maximize your benefits
Over 8 in 10 Americans aged 65 and older receive Social Security. For 61 percent of those beneficiaries, Social Security is more than half their total income, and for one in three, it is all or nearly all of their income. According to Social Security Administration, the average monthly benefit in 2022 is $1,657 per month or $19,896 per year, which can go a long way during your senior years; but would it not be better to get the maximum benefit possible? Katie Brockman outlines three things you want to consider before you turn 60 to help you maximize your Social Security benefit. Read Ms. Brockman’s article here…
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