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About Claiming Social Security - DBS Money Watch
In this short video on CBS Money Watch segment, business analyst Jill Schlesinger explains the fundamentals of claiming your Social Security benefits. She explains that claiming retirement benefits at age 67 will result in a 30% reduction of benefits, but also tells of the difference in your benefit by waiting longer to claim. The video also briefly discusses Social Security’s financial status, and is a worthwhile Social Security information segment.
Although this CBS segment is short, it provides accurate information about the basics of when to claim Social Security. But Social Security is a complex topic, and if you’re unsure about how these basics apply to you, or if you have any questions about your individual situation under Social Security or enrollment in Medicare, note that the AMAC Foundation provides a free-to-the-public advisory service to help Americans navigate the complexities of these programs. All questions are answered quickly, at no charge. Learn more about it here… You can also email your Social Security questions to SSadvisor@amacfoundation.org.