Social Security beneficiaries could increase thousands of dollars in lifetime benefits with 3 moves

A new report highlights three key strategies that can significantly increase lifetime Social Security benefits. The first is delaying benefits, which raises monthly payments the longer you wait to claim. The second is ensuring you work at least 35 years, since Social Security uses your highest 35 years of earnings to calculate your benefit. The third is understanding your full retirement age to avoid penalties and optimize your payout. These simple moves can add thousands of dollars over a beneficiary’s lifetime.