3 Great Reasons to Take Social Security Benefits at 62
Christy Bieber explains that while waiting until full retirement age (66-67 depending on birth year) is often promoted as advantageous due to the higher monthly checks, there are reasons some may elect to start benefits at the earliest possible age of 62. Such benefits would be permanently reduced for life by starting before full retirement age. Still it makes sense if you’re protecting your investment account balance or you’re aiming to minimize taxes on your benefits or you’re hoping to enable early retirement. Read more here.
AMAC Foundation’s Social Security Advisory Service is free to the public, and features the availability of a staff of trained and accredited Advisors standing by to provide clarification and guidance to those approaching Social Security. To learn more about the Social Security Advisory Service, click here to visit AMAC Foundation’s website. Since launching the service in 2016, the Foundation has served more than 14,000 Seniors in understanding this critical support system.