Timing your Social Security Benefits–Some Pros and Cons

One of the biggest questions in Social Security is when to begin drawing benefits. There are pros and cons to be considered, and it is purely a case-by-case basis to decide the optimal path for each individual. In order to find the right choice for you, you must take a truly objective look at your life in retirement and decide based on the sum of all factors. Among many other things, you need to know how much you are eligible for each year, how much you have in private savings, and your expected health. For more information visit this article by Emily Brandon with U.S. News.

 

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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