This Easy Social Security Trick Could Net You an Extra $1,600 Every Year
Social Security was never meant to pay for your whole retirement, but there's no denying that large checks can make your life a lot easier. You might know that you can grow yours by increasing your income today, but there's another, easier way to squeeze more out of the program, and it could net you an extra $1,600 a year or maybe even more.
The federal government assigns everyone a full retirement age (FRA) based on their birth year. This is between 66 and 67 for today's workers. If you apply at this age, you get the full benefit you've earned based on your work history. But you can also sign up earlier or later.
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Source Fool.com