Reported 4 months ago
The article discusses how to qualify for the maximum monthly Social Security benefit of $4,873, highlighting three key steps. Firstly, one must work for at least 35 years to ensure a substantial earnings history. Secondly, earning the maximum sum in each of the 35 highest-earning years, currently set at $168,600 per year, is crucial. Lastly, delaying claiming benefits until age 70 can significantly increase benefit checks, with the article providing a breakdown of potential benefit percentages based on when one starts collecting. Despite the challenge of reaching the maximum benefit, taking these steps can help individuals increase their Social Security benefits for retirement.
Source: YAHOO