14 Ways to Get Bigger Checks From Social Security

14 Ways to Get Bigger Checks From Social Security
Photo (cc) by jonolist

If you have focused all your retirement planning energy on your 401(k), you may be missing a key piece of the puzzle: Social Security.

You can influence your eventual payout from this safe, dull old-age safety net to a surprising degree by making some adjustments and changes in your planning.

The time to get started pumping up your Social Security checks is now, even if you’ve got decades to go before retirement. Here are some ways to do just that.

1. Work more years

old worker photo

Photo (cc) by NCDOTcommunications

You must work at least 10 years to collect Social Security. The size of your benefit checks is decided by a formula that is based on your 35 highest-earning years of work. If you didn’t work 35 years, the formula uses zeros for the missing years. Zero years lower your benefits, so add as many more years of work as you can.

SocialSecurity.gov explains the details and shows how benefits are calculated.

Popular Articles

5 Health Care Costs That Medicare Does Not Cover
5 Health Care Costs That Medicare Does Not Cover

Don’t let these common medical expenses catch you off guard in retirement.

Stop Overpaying for These 7 Things That Are Cheaper at a Drugstore
Stop Overpaying for These 7 Things That Are Cheaper at a Drugstore

An expert shares the secret to snagging everyday items for less money — or even for free — at the drugstore.

10 Retailers That Give Discounts to Older Shoppers
10 Retailers That Give Discounts to Older Shoppers

You don’t even need an AARP membership card to qualify for the “senior” discounts at these stores.

View this page without ads

Help us produce more money-saving articles and videos by subscribing to a membership.

Get Started

Comments