A complex question: “When should I take my Social Security?”
One of the questions most frequently asked of The AMAC Foundation’s Social Security Advisory team is “When should I take my Social Security benefits?” and, of course, the answer is always “It depends.” It depends on your financial needs and, most importantly, it depends on your health and expected longevity. In this excellent article appearing at Fox Business News, they tackle the question of when to claim Social Security head on, explaining the cuts you’ll suffer for taking benefits early, the bonus you’ll receive by waiting to claim, and how to decide which age may be the best for you. Click here to read more.
Also, if you’re unsure about your individual situation under Social Security or have questions about your personal benefit entitlements, note that the AMAC Foundation provides an independent free-to-the-public Social Security Advisory service to help Americans navigate the complexities of this program. Learn more about it here…
This posting is presented for informational purposes only and does not represent legal or financial guidance. Any opinions or interpretations presented are either those of the original author or, in the case of articles authored by the AMAC Foundation, are the opinions of AMAC Foundation staff, originally trained and accredited by the National Social Security Association (NSSA) and certified via the AMAC Foundation. Any links included in the article are valid on the posted date; socialsecurityreport.org cannot guarantee the duration of the links’ validity. NSSA and the AMAC Foundation and its staff are not affiliated with or endorsed by the Social Security Administration or any other governmental entity. To submit a question, visit our website (https://amacfoundation.org/services/) or email us at ssadvisor@amacfoundation.org. Because we are a non-profit organization, there is no charge for these services.