Avoiding Social Security Claiming Mistakes - Henry Herald
Social Security is a necessarily complex federal program providing benefits to over 65 million people every month, with rules robust enough to handle every possible claiming scenario. The one thing Social Security is not is a “one-size-fits-all” program – everyone’s personal situation is different – and each person should carefully consider which claiming strategy is best for their individual circumstances. And, above all, avoid making simple mistakes which would cause them to receive much less than earned or deserved. Simple things, like not knowing how much your benefit will be, or assuming you’ll be able to live on only your Social Security income, or not knowing the unique challenges women face when claiming Social Security, are mistakes which may mean you’ll forfeit benefits you might otherwise receive if only you knew better. This Henry Herald article by James Royal offers information on the biggest mistakes likely to be made when claiming Social Security. Click here to read more.
Also, if you’re unsure about how these basics apply to you, or if you have any questions about your individual situation under Social Security, note that the AMAC Foundation provides a free-to-the-public advisory service to help Americans navigate the complexities of this program. Learn more about it here…