Latest News
Should You Take Social Security Early?
Most Social Security advisors will suggest that waiting to claim your Social Security benefits is the best way to increase your benefit amount. And that is, indeed, true. But, life is full of realities where waiting until a later age to stake your claim to Social Security isn’t the right move. For example, if you lose your job or otherwise become unable to work, that extra money from your early Social Security benefits could very well spell the difference between poverty and comfortable living. And if your health is bad and your life expectancy low, claiming benefits early may be wise, simply because it will yield you more in lifetime benefits than waiting would. In this article posted at the (MO) Daily Journal Online, columnist Serena Maranjian offers three good reasons to take your Social Security benefits at age 62. Click here to read more.
This posting is presented for informational purposes only and does not represent legal or financial guidance. Any opinions or interpretations presented are either those of the original author or, in the case of articles authored by the AMAC Foundation, are the opinions of AMAC Foundation staff, originally trained and accredited by the National Social Security Association (NSSA) and certified via the AMAC Foundation. Any links included in the article are valid on the posted date; socialsecurityreport.org cannot guarantee the duration of the links’ validity. NSSA and the AMAC Foundation and its staff are not affiliated with or endorsed by the Social Security Administration or any other governmental entity. To submit a question, visit our website (https://amacfoundation.org/services/) or email us at ssadvisor@amacfoundation.org. Because we are a non-profit organization, there is no charge for these services.