It’s possible to miss out on higher Social Security benefits and not realize it. There are a number of factors that can make a difference in how much you receive each month. First, make sure that your earnings record with the Social Security Administration is correct. You can check this online with a My Social Security account. And if you haven’t yet applied for benefits, consider waiting until you hit full retirement age, at which point you’ll receive the maximum amount each month. Then, see if you qualify for spousal or survivor benefits.
Visit The Motley Fool’s article “Are You Missing These 5 Ways to Claim More Social Security?” for more ways to not miss out on higher Social Security benefits.
While maximizing your Social Security benefits is one way to see more of the benefits you’ve earned, NORA is fighting for all beneficiaries to receive more each year with a guaranteed higher COLA. To learn more about how you can help us as we ask Congress to make seniors a priority, click here.
