This Little-Known Social Security Rule Could Boost Your Monthly Check Up to 26.7%, Even if You're Already Collecting Benefits

The average retiree collecting Social Security receives about $2,000 per month from the government program. And while that number has gone up significantly over the last few years as a result of the annual cost-of-living adjustment, or COLA, many seniors feel their Social Security checks still don't go as far as they used to. The Senior Citizens League estimates someone who received Social Security back in 2010 now has 20% less buying power from their monthly benefits compared to 15 years ago.

As such, it's natural for seniors to look for ways to get more out of Social Security. While there are several ways you could receive a bump in benefits, only a few of them are in your control. One of the easiest ways to increase your benefit takes advantage of a little-known rule that could boost your monthly check up to 26.7%.

Here's what Social Security recipients need to know.

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