Enjoying a comfortable retirement is everyone’s dream. For over 80 years, Social Security has been helping people realize those dreams, assisting people through life’s journey with a variety of benefits. It’s up to you as to when you can start retirement benefits. You could start them a little earlier or wait until your “full retirement age.” There are benefits to…
There are steps that you can take that will go a long way toward helping you maximize your Social Security retirement benefits. You can use a combination of some of the following strategies, some of which have eligibility requirements: Work for 35 years Wait until at least full retirement age to start collecting Collect spousal benefits Receive dependent benefits Keep…
The maximum Social Security benefit in 2022 is $4,194 per month or $50,328 for the year. Most people do not get that much, though. To get the maximum you would have had to postpone benefits until age 70. You also would need to have earned the maximum taxable amount ($147,000 in 2022) for at least 35 years. For people who…