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How to lose Social Security benefits

As advisors, we’re usually asked how to maximize Social Security benefits. But equally important for most people is how to avoid losing Social Security benefits, which could quite easily occur if you don’t know and understand Social Security’s myriad rules. In this Nasdaq article by Motley Fool’s Maurie Backman, the author describes three ways you could lose some of your Social Security benefits, including not knowing your full retirement age (the point at which you get 100% of your benefits), not watching what Social Security has as your earnings (hey, mistakes happen!), and waiting beyond age 70 to claim your benefits. Click here to read more.

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