STRATEGIES TO MAXIMIZE YOUR SOCIAL SECURITY
Set yourself up for success and financial freedom in retirement.
When it comes to Social Security, one key to maximizing your benefits is to have the right strategy. There are countless ways to approach claiming your benefits that take into account variables such as when to claim, your spouse’s benefits, and more. In order to get the most out of your Social Security, it is essential to educate yourself on which unique strategy may work for you, as well as to consult your financial advisor.
Mastering your Social Security strategy may be a critical way to set yourself up for success and financial freedom in retirement. Join us in this multi-part series and get all the tips you need to maximize your Social Security
The Magic Number – Part 5
Delay Social Security to Age 70 if Possible
By not claiming Social Security until after your full retirement age, you could earn “delayed retirement credits” that may increase your monthly payments by up to 8% for each year you wait to collect. This incentive is no longer in place beyond age 70, so there is no reason to delay your Social Security beyond that.
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The content is developed from sources believed to be providing accurate information. The information in this material is not intended as tax or legal advice. Please consult legal or tax professionals for specific information regarding your individual situation. Some of this material was developed and produced by AZELLA to provide information on a topic that may be of interest. AZELLA is not affiliated with the named representative, broker - dealer, state - or SEC - registered investment advisory firm. The opinions expressed and material provided are for general information, and should not be considered a solicitation for the purchase or sale of any security.
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