From Nasdaq: 2025-05-11 18:00:00

Many people are mentally ready to start receiving Social Security checks long before they become eligible at 62, but applying can be a complex process. To get the most out of the program, it’s crucial to check your earnings record for accuracy, understand how your claiming age affects benefits, and have all necessary documents ready. These steps can help optimize your lifetime benefits and ensure a smooth application process.

Before investing $1,000, it’s important to evaluate your Social Security earnings record. The taxable wage base, currently at $176,100, determines how much of your income is taxed for Social Security. Checking for errors and understanding claiming age options can help maximize your benefits. Make sure to have all required documents ready before applying for Social Security to streamline the process and secure your benefits.



Read more at Nasdaq: 3 Signs You’re Not Ready to Apply for Social Security Yet