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Savings Account Rates Are Higher. Should you still delay Social Security?

Maurie Backman takes on the common question many mature Americans are asking. Interest rates are now over 4% for savings accounts at some on-line banks. So is it better to grab Social Security early and save/invest the funds or still delay until as long as 70? The answer is it likely still makes sense to delay. Backman reminds readers that the yearly increase between 67 and 70 is an 8% return by waiting. That’s a tough return to get anywhere else. Full article here.

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