Strategies to Optimize Your Social Security Benefits

To maximize what you can collect, it’s crucial to know when you can file, how delaying filing affects your checks and the income limit if you’re still working.

A happily retired couple dance together on their porch with a great mountain view behind them.
(Image credit: Getty Images)

Social Security has become a saving grace for Americans, especially for retirees. The social insurance program was established back in 1935 and is funded by taxpayers through the Federal Insurance Contributions Act tax.

Around 53 million retirees and their families received benefits in January 2024, according to the Social Security Administration. But, before you can start receiving benefits, there are certain requirements you must meet and understand.

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Jason “JB” Beckett
Founder, Beckett Financial Group

JB Beckett has been an adviser for 24 years and is the founder of Beckett Financial Group, a specialized financial firm that helps individuals and businesses in the Retirement Red Zone build Tax-smart Retirement Income Blueprints allowing them the freedom to overcome their concerns about inflation, market volatility and taxes to retire sooner.