Latest News
Early Filers Beware…Taking Benefits at 62 Can Have Consequences
One of the frequent statements we hear is “Social Security? What’s to know? You turn 62, you take it.” And with the pundits and uninformed “experts” repeatedly talking about the program’s solvency problem and labeling it an impending “bankruptcy,” it’s no wonder folks aging into their 60s look at it that way. It’s important to be aware, though, that not waiting until one’s full retirement age can have some long-term consequences, as explained in this post today by The Motley Fool’s Maurie Backman. Check out her message 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.