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Delay Taking Your Social Security

Delaying Retirement to Boost Social SecurityDelaying Retirement Boosts Social Security Checks

It’s no secret that American workers face a major retirement crisis. Wealth inequality and workplace changes mean more and more retirees have come to rely on Social Security for most of their income. But the average monthly Social Security benefit in Maryland is $1,472 — or roughly $18,000 per year, which is only slightly above the federal poverty line. And even with Social Security, some 7 percent of Maryland’s seniors live in poverty.

Social Security’s Financial Health Improves

Social Security’s financial health is on the upswing, according to today’s report from the Social Security Trustees.

Workers Who Wait Until 66 to Retire Reap Bigger Benefits

American workers nearing retirement face a crucial question:  do they want more – or less – money in their wallets?

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