Social Security Income: How Deferring Claims Can Increase Your Monthly Benefits to $4,873
Boston, Massachusetts – When it comes to claiming Social Security benefits, age plays a crucial role in determining one’s future income. Many retirees fail to realize the significant impact that age can have on their Social Security payments. By deferring claims until the age of 70, retired individuals have the potential to receive up to $4,873 in monthly benefits. However, this maximum payment is typically reserved for eligible retirees who have contributed with a high …