Just Explain It: Maximizing Your Social Security Retirement Benefits

http://finance.yahoo.com/blogs/just-explain-it/just-explain-maximizing-social-security-retirement-benefits-214855432.html

 

Social Security beneficiaries will receive a little more spending money this year thanks to the annual cost of living increase.

According to the Social Security Administration, the average single beneficiary will get $21 more each month – $34 for couples. It’s not much to begin with, and some of that extra cash could end up going to things like higher Medicare premiums or just groceries.

Which brings us to today’s Just Explain it.
What’s the best strategy to maximize your Social Security check in retirement?
We spoke to Richard Johnson, Director of the Program on Retirement Policy at the Urban Institute, to help break it all down.
AARON TASK: What are some of the things you can do to maximize your Social Security retirement check?

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