You can boost your benefits by waiting until your full retirement age to collect them. If you wait until age seventy, you’ll increase your benefits through delayed retirement credits. If you keep working beyond your full retirement age and delay collecting your benefits, you’ll be paying into the program, thereby benefiting from the possibility of bumping low earnings years from your work history. Your earnings history is used to calculate your benefit amount. Also, your benefits are increased through cost-of-living adjustments to keep up with inflation. These are all ways to maximize your Social Security.
