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Delaying Retirement vs. Delaying Social Security–Two Separate Decisions

The most persistent question we field at the AMAC Foundation’s Social Security Advisory Service deals with selecting a date to begin drawing Social Security benefits. Sometimes the question is tied to leaving the workforce, sometimes it’s related to a decision to remain in the workforce either fulltime or partime. In any event, it’s important to understand the differences between retiring and drawing benefits. Although they are separate and distinct decisions, they can be closely related. The Motley Fool’s Kailey Hagen, in a post today on thesouthern.com, explores this area and the way it affects financial strategies. Check it out 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.

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