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Claiming Social Security at 65 Probably a Mistake
It’s an understandable mistake, thinking that because you’re eligible for Medicare at age 65 you should also take Social Security. But, these two programs are totally separate from each other, and enrolling in Medicare at 65 doesn’t mean that’s the best time for you to take Social Security. Indeed, it may very well be a big mistake to take Social Security at 65, because you’d be claiming it before your full retirement age and not only taking a cut in benefits but also exposing yourself to some risk if you’re still working. This Motely Fool article by Maurie Backman explains.
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.
