What Are Delayed Retirement Credits?
Doing what you can to maximize your Social Security income is a smart strategy if you're at all concerned that you might run out of money in retirement. After all, if you qualify for it, the program is guaranteed to continue paying you a benefit as long as you live.
There are a number of ways to boost the size of your monthly payouts, but one of the most straightforward is to earn delayed retirement credits, which you'll receive if you file for your benefits later than your government-designated full retirement age.
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Source Fool.com
