A Fruitful Retirement: Social Security Benefit Taking your Social Security benefits at the right time may help maximize your benefit. Share | Have A Question About This Topic? Name Email Address Message Thank you! Oops! Related Content Social Security Benefits: How Much Will I Receive Calculating your potential Social Security benefit is a three-step process. Paying Tax Later Doesn't Always Mean Paying Less 401(k) savings are taxed as ordinary income when funds are withdrawn. The Value of Planning as Retirement Approaches Don’t wait until you’ve reached the point where you feel pressured to make major retirement decisions.