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Some Unique Social Security Rules You Should Know

Social Security has lots of rules - in fact, well over 2,700 of them. Indeed, there’s a rule in place for just about every conceivable situation which has ever arisen in the lives of all 64 million Social Security recipients. But there are some particularly interesting rules that you should be aware of before deciding when to claim your benefits, including the “do over” ability to withdraw your benefit application, that claiming early will mean a reduced benefit, and that your SS retirement benefit will continue to grow until you are 70. All of this is explained by Maurie Backman in this NASDAQ article. Click here to read more.

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.

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