Most Americans make the wrong decisions about claiming Social Security benefits

According to a study released from the financial services firm United Income, about 96 percent of Americans made less-than-optimum decisions about when to begin Social Security benefits.  The study also found that the average retiree gave up more than $100,000 of lifetime income, and many gave up significantly more guaranteed income.  The attached article reviews the one question you need to answer before claiming your Social Security benefits so you can avoid making the wrong decisions because you commit two key mistakes. Read article here…

The AMAC Foundation offers a free-to-the-public advisory service to all folks ageing into–or already in–Social Security. This service provides guidance in understanding the complexities of Social Security and the myriad rules and regulations associated with the process for claiming benefits, with NSSA-Certified Social Security Advisors available via email or telephone to discuss options. Learn more about this service via the Foundation’s website.

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