"...This week, the federal government announced that the cost-of-living increase for federal retirees and Social Security recipients will be 1.7 percent in 2013. That’s not a lot of money, so it may cause some retirees and those contemplating retirement to wonder about how they can get the most out of their benefits.
One thing that those retiring under the Federal Employees Retirement System can do to maximize their income is to carefully consider the best time to claim Social Security benefits. There are a lot of variables involved, so it helps to have some guidance..."