Signing up for Social Security is a decision not to take lightly because your filing age could impact the benefit you receive. But there are other factors that will influence your benefit, too, and if you play your cards right, you could end up collecting a lot of money.
The maximum benefit you can collect in 2022 is $4,194, which is considerably higher than the average monthly benefit of $1,657. But to claim that maximum benefit, you’ll need to meet a few criteria that aren’t so easy to satisfy.