Myths about Social Security

Social Security, with its status as one of America’s most important senior benefit programs, is surrounded by many common myths and misunderstandings.  Although some of those myths are often repeated simply to stoke emotion about supposed nefarious deeds by politicians, some myths about your Social Security options can cause beneficiaries to make a wrong decision about claiming benefits. For example, one popular myth is that you should always take Social Security as early as possible. And yet another is that your spouse’s benefits won’t be affected regardless of when you claim. Neither are true, as explained in this article by Gregory Seibel appearing in The Emporia (KS) Gazette. Click here to read more about four Social Security myths which can hurt you financially.

Also, if you’re unsure about your individual situation under Social Security or have questions about your personal benefit entitlements, note that the AMAC Foundation provides an independent free-to-the-public Social Security Advisory service to help Americans navigate the complexities of this program. Learn more about it here…

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