Throughout the United States, the moment a retiree begins to enjoy his or her monthly Social Security benefit is always a good time. The golden years come at some point for all Americans and enjoying them to the fullest should be the primary goal. However, it is true that for some retirees the Social Security check may not be enough.
And that’s why thousands of Americans want to know if it’s possible to increase the check once they’ve retired. If we take into account the elements that make up the Social Security check, increasing it after retirement is difficult, but it is possible. Although we will have to do several things to get that increase.
Regardless of this, it is also true that if we think our Social Security check is not big enough we can always apply for some other monthly check such as Supplemental Security Income or SNAP Food Stamps. If we are eligible for these payments we can get them every month.
CAN I INCREASE MY SOCIAL SECURITY CHECK?
The best way to increase your Social Security check is to plan ahead before you apply for it. Once we start enjoying the golden years, increasing the checks is much more difficult. It is possible, yes, but it is not the easiest task we can do.
To increase the payment the first thing to do is to stop cashing the check, so we have to contact Social Security to stop our benefit completely. After that we have two possible options. On the one hand we can continue working and on the other hand we can simply wait until we are 67 and apply for Full Retirement Age.
If we retire before the age of 67 we will lose part of our benefit. Therefore, stopping the monthly check and waiting until the age of 67 will help to have a Full Retirement Age. Otherwise, we will be looking at a much smaller check each month.
If we want to increase our check even more, we have the option of continuing to work. But this option may be unfeasible for many Americans. Even so, we must keep in mind that the Social Security Administration calculates our check starting at 35 years worked with the highest salary. If working by stopping the check we are not going to get a higher salary than in our old job to do this does not make sense.
Therefore, the best option if we want to get extra money every month is to apply for a different benefit. Likewise, there are also many stimulus checks that can help us pay our bills.