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Image source: Getty Images. 1. Work at least 35 years. The simplest way to increase your Social Security benefit is to make sure you work at least 35 years.
The average retiree collects around $1,925 per month in benefits as of November 2024, but a few simple strategies could help boost your payments by hundreds of dollars per month. Every month you ...
Image source: Getty Images. 1. Make sure your earnings record is accurate. It's a bad thing for the Social Security Administration (SSA) to have missing income for you on file.
Here are five money moves to make in early 2025 to maximize your Social Security benefits. Trending Now: Suze Orman's Secret to a Wealthy Retirement--Have You Made This Money Move? Boost Your Income
Data source: Author calculations. 3. Create a dividend income portfolio. If retirement accounts aren't your thing or you're looking to supplement Social Security, consider building a dividend ...
Each year, Social Security beneficiaries can receive a bump in their checks thanks to a cost-of-living adjustment. This year’s COLA is 2.5%, which the Social Security Administration (SSA ...