When to apply for Social Security: Some basics
Obviously the amount of your Social Security benefit will depend on how much you earned over your working career, but it also depends upon what age you apply for benefits. Simply stated, the earlier you apply the less you’ll get and, conversely, the longer you wait the more your check will be. But there are other things to take into consideration when you’re trying to decide when to start your benefits, including whether you’re still working and whether or not you’re married. This Motley Fool article by Maurie Backman discusses three important factors to keep in mind when you’re developing your Social Security filing strategy. Click here to read more.