Scott Holsopple for Forbes.com
It’s time to review how to maximize your Social Security payout. Recently I was talking with a friend who was helping her Baby Boomer mother work through her retirement planning. Her mother, just a few months away from retiring after more than 45 years of work, didn’t realize she could delay receiving Social Security benefits to increase her payout. She also didn’t know she could keep working while receiving benefits.
There are things you can do to affect how much you’ll get in Social Security payouts. That is why you need to incorporate Social Security when you take control of your retirement planning.
Scott Holsopple is the president and CEO of Smart401k, offering easy-to-use, cost-effective 401(k) advice and solutions for the everyday investor. His advice has been featured on various news outlets, including FOX Business, USA Today and The Wall Street Journal.