By: John Derric
members are not only looking to save American’s hard-earned benefits, but give recipients an additional $200 per month.
The money you can receive each month is greater if you know some secrets that increase your Social Security checks quite a bit.
When you start collecting your Social Security retirement benefit, you can no longer change any of the monthly payments
All you can do is wait for the COLA increase and the $200 per month increase through the new bill to take effect.
To know the secret of the increase in the Social Security benefit it is necessary to check all aspects.
The first of these aspects is the retirement age. With an Early Retirement Age (ERA) you will be able to access the benefit with a 30% reduction of the total.
if you contributed for a pension of $1,000 total, you will receive a check of $700 per month.
To get a benefit of 100% of the money you have collected, the perfect age is 67. With Full Retirement Age (FRA) you will collect your full pension
We have already mentioned that there is a big difference between applying for retirement through ERA and working until age 70.
Social Security payment is now becomes the needs of so many recipients to survive their life and fulfil their basic needs.
You can increase this amount up to a certain level to maximize the Social Security benefits by delaying to take it.