3 Social Security Secrets for Even Bigger Checks
Social Security is a particularly important piece of almost any pre-retiree's financial plan. Given the current inflationary environment, Social Security stands to play an even more prominent role in retirement plans going forward. This makes it critical to know how to get the most out of your monthly checks long before you file for benefits.
Here, you'll learn three ways to lock in an even higher Social Security benefit.
As simple as it sounds, this is the best way to lock in a higher monthly check without having been an especially high earner during your working career. Relative to claiming benefits at 62, you'll earn incrementally higher benefit checks for every year you defer, plus at least some level of inflation protection (delivered through annual cost-of-living adjustments, or "COLAs").
Source Fool.com
