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Common Mistakes in Filing for Benefits

It is very easy to make mistakes when filing for your Social Security benefits, and unfortunately these mistakes could greatly affect your retirement in a negative way. Some mistakes, such as mistakes in your earnings records, could cost you a lot of the money you are entitled to and could take years or decades to discover, at which point there could be nothing you can do to fix it. The consequences vary as well.  For example an error with your name on file may not affect you and your benefits personally, but it could spell trouble for your spouse regarding survivor’s benefits. For more information visit this article by Bruce W. Fraser with On Wall Street.


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