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3 Important Social Security Moves to Make in 2020


Social Security keeps millions of seniors afloat financially. Whether you're relatively young and nowhere close to claiming benefits, or you're gearing up to file shortly, the following moves will help ensure that you get the most money from the program you possibly can.

Your monthly Social Security benefit is calculated by taking your average monthly wage over your 35 highest-paid years of earnings, adjusting that wage for inflation, and applying a special formula. As such, it stands to reason that the more money you make throughout your career, the higher your Social Security benefit will be.

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Source Fool.com


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