Seniors can increase Social Security benefit amount
November 30th, 2010|
November 30, 2010
A report on CBS.com says seniors can potentially boost their Social Security benefits by thousands of dollars a year.
There are ways to maximize Social Security benefits, including waiting to receive Social Security benefits until reaching full retirement age. The traditional retirement age of 65 only applies to those born before 1943.
If one waits until age 70 to collect Social Security benefits, one can collect 8 percent more in benefits each year of waiting.
Do you think some seniors can wait to collect Social Security benefits? Do you think the increased Social Security benefit amount is worth the wait?
If you need help getting Social Security benefits you deserve to get your put your life back on track, the Social Security lawyers at Fleschner, Stark, Tanoos & Newlin can help.