Maximizing your Social Security benefit is extremely beneficial to your retirement, and the amount that you receive is not based on your salary alone. In fact, the size of your benefit check depends on a few factors — your age at retirement,

You lose 5/9 of 1% per month for up to 36 months of early claiming. Those who sign up more than three years early lose 5/12 of 1% per month. So if you sign up immediately at 62, you're actually shrinking your monthly checks by 30%, assuming you have a FRA of 67.

Navigating the complexities of the Social Security Earnings Test is crucial for those planning to work while claiming benefits early. This guide explains how your income can impact your benefits and what you need to know to make informed decisions.

Millions of Americans depend on Social Security to cover essential expenses such as housing, food, and healthcare, making it a crucial financial lifeline for retirees across the country. However, the Social Security Administration (SSA) has reinforced its policies to ensure benefits are distributed fairly and accurately,