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Is it possible to wait too long to start your benefits?

If you delay taking your benefits from your full retirement age up to 70, your benefit amount will increase. Your monthly Social Security benefits will increase by 2/3 of 1 percent each month you wait to start your Social Security benefits beyond the full retirement age. However, delaying your Social Security benefits too long; will cost you. Katie Brockman warns her readers on how to avoid this costly mistake. Read Ms. Brockman’s article here…

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