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Offset COVID-19 By Delaying Your Social Security Claim

There are few Americans who haven’t been affected by the COVID-19 coronavirus pandemic. For some, that may be simple inconvenience, while for others it has meant a severe financial impact through job loss and, perhaps, depleted retirement savings. But one way all seniors have available to help offset the COVID-19 financial impact is to delay claiming Social Security. The age at which you claim benefits has much to do with the amount of money you will receive, so putting off your Social Security claim can do much to offset any loss of retirement savings you may have suffered. This FOX Business article offers an analysis of how delaying your claim for Social Security benefits can help. Click here to read more.

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