Social Security Maximization:

Social Security & Retirement Planning

At Independent Insurance Services, we understand the importance of Social Security to your retirement plans, and we’re here to help. Our National Social Security Advisor is a leading expert in the field and can help you understand your options and make the most of your benefits.

Your earnings history is one of the most important factors in determining your Social Security benefits. The Social Security Administration (SSA) calculates your average indexed monthly earnings (AIME) based on your highest 35 years of earnings, adjusted for inflation. If you have a high earnings history, your benefits will be higher. If you have a lower earnings history, your benefits will be lower.

Your age at retirement also affects your benefits. You can claim Social Security benefits as early as age 62, but if you wait until your full retirement age (FRA), which ranges from 66 to 67 depending on the year you were born, your benefits will be higher. If you wait even longer, until age 70, your benefits will be even higher.

The timing of your benefits claim is another important factor. If you claim benefits before your full retirement age, your benefits will be permanently reduced. On the other hand, if you wait until after your full retirement age to claim benefits, your benefits will increase until age 70. 

At Independent Insurance Services, our National Social Security Advisor can help you understand your options and make the most of your benefits. We’ll work with you to understand your earnings history, age at retirement, and the timing of your benefits claim, and we’ll help you make an informed decision that maximizes your Social Security income.