Sneaky Way Early Retirement Can Shrink Your Social Security Benefits
Most folks retire at age 62, and that’s such a shame when it comes to maximizing benefits. Maurie Backman reports on the mistaken belief of many that Social Security benefits are universal — meaning all seniors collect the same amount of money every month once they sign up. But that’s even close to true. She cautions people to learn their full retirement age and understand the 35 years of income rule for calculating benefits. Full piece here.
AMAC Foundation’s Social Security Advisory Service is free to the public, and features the availability of a staff of trained and accredited Advisors standing by to provide clarification and guidance to those approaching Social Security. To learn more about the Social Security Advisory Service, click here to visit AMAC Foundation’s website. Since launching the service in 2016, the Foundation has served more than 14,000 Seniors in understanding this critical support system.