If you’re nearing retirement, decisions made now impact Social Security income. Boost benefits and reduce tax burden with smart strategies. Maximize benefits with timely actions. Delay claiming to increase benefits up to 8% annually. Early claiming results in a 30% reduction. Couples can strategize to maximize household benefits. Planning is key to avoiding benefit reductions. Use tax-planning strategies to reduce taxes on benefits. Be aware of provisional income thresholds for tax implications on benefits.

Read more at Yahoo Finance: Near Retirement? Make These 5 Moves Now To Maximize Social Security