Maximizing Social Security Benefits by Delaying Claims

Reported 8 months ago

To maximize Social Security benefits, it is recommended to start planning early in your career by increasing your income and working for at least 35 years to avoid zero-income years affecting your benefits. One significant move is to delay claiming Social Security until the age of 70 to receive larger checks and a higher lifetime benefit. By calculating the estimated annual benefits at different claiming ages and considering your finances and life expectancy, you can determine the best strategy for maximizing your Social Security benefits.

Source: YAHOO

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