This Easy Social Security Trick Could Net You an Extra $1,600 Every Year

This Easy Social Security Trick Could Net You an Extra $1,600 Every Year

The catch is that every month you claim benefits before your FRA shrinks your checks. Every month you delay benefits boosts your checks a little, but how much your checks grow depends on your age and your FRA. Returning to our $1,669 monthly benefit example from above, an 8% increase would add another $134 per month to your checks, or about $1,600 per year.