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Here's How to Squeeze an Extra 24% or More Out of Social Security


Did you know that, circumstances permitting, when the time comes to start receiving Social Security, you have a choice between collecting your full benefits, less than your full benefits, or 124% of your full benefits?

Collecting an extra 24% can be of great value in retirement -- and it's extra valuable because cost-of-living adjustments made in most years will be increasing a benefit that you've maximized. That means each increase will be bigger than it would have been, too.

Image source: Getty Images.

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Source Fool.com


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