Boost Your Social Security Benefits with These 3 Key Strategies

Thursday, 16 May 2024, 09:01

Learn how to secure a larger Social Security benefit by boosting your wages, ensuring a 35-year work history, and delaying your benefits filing. These three steps are crucial to position yourself for a financially stable retirement fund with a generous income stream.
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Boost Your Social Security Benefits with These 3 Key Strategies

Boost Your Wages

Increasing your income now can lead to a higher Social Security benefit in the future. Climbing the career ladder, developing skills, and taking up freelance work all contribute to a larger wage base for better benefits.

Work for at Least 35 Years

Having a 35-year work history is essential for maximizing your Social Security benefits. Aim to replace $0 years with part-time work if necessary to ensure a strong benefits calculation.

Avoid Early Benefit Filing

Delaying your Social Security benefits filing can result in an 8% boost in monthly benefits for each year past full retirement age, providing a significant increase in your retirement income stream.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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