What Is the Maximum Possible Social Security Benefit in 2023?

Social Security beneficiaries received the largest cost of living increase in decades in 2023, and the maximum possible benefit has increased sharply as well. In this video, Certified Financial Planner® Matt Frankel discusses how much high earners who wait as long as possible can get from Social Security now.

**Stock prices in this video as of Jan. 4, 2023. This video was published on Jan. 5, 2023.

The $18,984 Social Security bonus most retirees completely overlook
If you’re like most Americans, you’re a few years (or more) behind on your retirement savings. But a handful of little-known “Social Security secrets” could help ensure a boost in your retirement income. For example: one easy trick could pay you as much as $18,984 more… each year! Once you learn how to maximize your Social Security benefits, we think you could retire confidently with the peace of mind we’re all after. Simply click here to discover how to learn more about these strategies.

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Matthew Frankel is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link, they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool. 

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