Let's get one thing out of the way right away: legally speaking, a Social Security "bonus" doesn't exist.
There are, however, unquestionably actions you can do to increase the size of your retirement benefits.
Although there is no magic in these techniques, you can increase the size of your Social Security checks with them. Now let's go over them.
Making as much money as you can is one of the two essential elements to obtaining a sizable Social Security payout.
Your Social Security benefits could be permanently reduced by up to 30% if you file a claim "early" at age 62. On the other hand, waiting until you are 70 has the opposite impact.
You can be qualified for spousal Social Security payments even if you have never worked a day in your life.
The closest thing Social Security delivers to a pure "bonus" is the yearly cost-of-living adjustment, or COLA.
Despite the fact that there is no such thing as a Social Security "bonus," there are ways to increase your payment both before and after retirement.