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3 Popular Ways to Maximize Your Social Security Benefit


We have a lot more control over our Social Security checks than most people realize. By making the right choices today, you can set yourself up for a much more comfortable retirement. All you need to do is familiarize yourself with how the government calculates benefits and then use that knowledge to your advantage. Here are three popular examples of how to do that.

Your average indexed monthly earnings (AIME), or your average monthly earnings over your 35 highest-earning years adjusted for inflation, form the heart of your Social Security benefit calculation. The government uses this to determine how large your checks are. The higher your AIME, the more money you get from the program.

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Source Fool.com


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