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Another look at the implications of filing for Social Security benefits early.
“(T)he vast majority of seniors (60%) claimed Social Security benefits between the ages of 62 and 64…” This quote from The Motley Fool’s Sean Williams highlights the impending problem for seniors if Social Security’s long-term solvency issues are not resolved well before the trust funds are depleted. Williams analyzes the benefits of waiting to file, and explains situations where it does make sense to file early. Either way, though, what’s most vital is that claimants understand the long-range implications of their decision. Read his article here…
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