Reported 4 months ago
Deciding when to claim Social Security benefits is crucial in maximizing your monthly payments. The article highlights the maximum benefits you can receive at ages 62, 67, and 70 based on your earnings history. It emphasizes the importance of factors like work duration, earnings limit, and age in determining the benefit amount. Strategies such as delaying benefits, working longer to increase income, and aiming for the maximum taxable-earnings limit are recommended for boosting payments. While achieving the highest benefit may be challenging, following the right approach can help secure a more financially comfortable retirement.
Source: YAHOO