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Michele Singletary: Keep tabs on Social Security
It used to be that a few months before each birthday, you would get a statement from the Social Security Administration with your estimated benefit if you elected to take it early, at 62, at your full retirement age (it’s 67 for me), or if you waited until you turned 70. You would also see the estimated amount you would get if you became disabled, in addition to information about spousal and survivor benefits. Although you don’t find out your true amounts until you actually apply for benefits, you need to have an idea of how much you’ll get from Social Security….Read More