Menu
Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

3 Costly Social Security Mistakes You Can Fix If You Hurry


There's a lot you can do over the course of your life to influence how much money you'll get from Social Security. That's empowering, but it also means you can cost yourself benefits if you're not careful. Fortunately, the Social Security Administration wants to help you undo these mistakes when it can. Not all such errors are reversible, but here are three you can definitely fix -- as long as you don't wait too long.

The Social Security Administration calculates your benefits based on your income during your working years -- specifically, your 35 highest-earning years. It keeps track of this information in your earnings record, which you can view online -- though first, you'll have to create a my Social Security account. The information about your income comes directly from the IRS every year, so it's usually pretty accurate -- but not always.

Image source: Getty Images.

Continue reading


Source Fool.com


Comments