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Should you wait to claim your benefits now?
The COVID-19 pandemic and the economic havoc it has caused make it both reasonable and necessary to rethink long-held financial plans. If you are between the ages of 62 and 70 and have not claimed your Social Security benefit, you may be tempted to apply, but you may want to wait. Every month you wait to claim up to the age of 70 earns you a higher benefit. The attached rate.com article gives a six-point checklist to help preserve your maximum retirement income and avoid the urge to claim a lower Social Security benefit. Read the article here…