Claiming Strategy

Sometimes it pays to get your money sooner

You can begin your Social Security retirement benefits as early as age 62. However, if you start receiving benefits early, your benefits are reduced. There are some good reasons to take your benefits at 62, and Maurie Backman outlines three…

The real price tag to claiming Social Security too early

New research from economists at Boston University and the Federal Reserve Bank of Atlanta found many retirees are making a strategic mistake that can cost them tens of thousands of dollars in lifetime benefits by claiming their Social Security benefits…

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