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1 Little-Known Way You Could Boost Your Social Security Benefits


For many retirees, Social Security benefits are a significant source of income. Approximately half of married couples rely on their monthly checks for at least 50% of their income in retirement, according to the Social Security Administration, and one in five couples depend on that money for at least 90% of their income.

If you're expecting your benefits to help you make ends meet in retirement, it's important to ensure you're maximizing those checks. There are some common ways to increase your monthly benefit amount, including waiting until past your full retirement age to start claiming or increasing your income (since your benefit amount is based on your 35 highest-earning working years). However, there's one other little-known way you might be able to increase your benefits.

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Source Fool.com


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