Social Security: 3 Smart Ways to Get More Benefits
Social Security serves as a key source of income for millions of retirees, and countless seniors depend on those payments to cover their basic needs. If you want to get the most out of your benefits, here are a few key moves to make during your working years.
The amount you collect in Social Security is based on how much you earn during your career. That said, you have the ability to raise or lower that figure depending on the age at which you first file for benefits. If you claim benefits at what's known as full retirement age, you'll get the precise amount you're entitled to based on your earnings history. But if you hold off on accessing those benefits, you'll have an opportunity to increase them.
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Source: Fool.com