"Maximizing Benefits: Key Social Security Changes and Payment Increases in 2024"
Originally Published 2 years ago — by The Motley Fool
As 2024 begins, individuals should focus on three key Social Security tasks: determining their full retirement age (FRA) to plan retirement timing, reviewing their latest earnings statement for accuracy and future benefit estimates, and exploring different Social Security filing strategies if nearing retirement to optimize benefits. These steps are crucial for financial planning and ensuring a stable income during retirement.