A: For every year beyond your full retirement age, up to age 70, your Social Security benefit will be increased by 8%. In addition to that you may also receive a higher cost-of-living adjustment. Simply put, delaying when you receive your Social Security will mean more dollars paid to you each month.
To learn more about this and other Social Security concerns, you can sign up for our Social Security Boot Camp by following this link:
http://financialgroup.com/social-security-maximize-your-benefits

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