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Starting Social Security Benefits Early
There are many reasons to start taking benefits at 62, there are also many reasons not to and to wait until later. The correct course of action for you might not be the correct thing for someone else. This is why it is important to do your research and make sure that what you do will benefit you the most out of the other options. A few reasons to take early benefits could be poor health or finances. There are many other reasons that are not as obvious such as if you want to wait for survivor benefits to grow before collecting them. For more information on this topic visit this article by Dan Caplinger with The Motley Fool.
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.
