early filing
An Analysis of the “File Early and Invest the Cash” Strategy
One of the frequent questions we receive here at the AMAC Foundation Social Security Advisory Service relates to the “when to file” issue, and we typically respond with the benefits of deferring as long as possible (up to age 70)…
For Those Approaching Social Security: Some Very Basic Fundamentals
If you’re nearing a decision on when to begin drawing Social Security benefits and, especially, if you’re considering filing early, there are some very, very basic questions you need to ask yourself before taking the plunge. If you’ve created a…
Planning on Waiting Until Age 70? Here are Some Thoughts to Ponder
Choosing the correct time to begin drawing Social Security benefits involves many factors, but one common piece of advice from financial advisors is to defer as long as you can, optimally to age 70, to get a larger monthly benefit…
Important milestones to remember while retirement planning
There is no strict retirement age in the United States; however, there is one to begin collecting your Social Security benefits. You can start your Social Security retirement benefits as early as age 62; however, you are entitled to full…
Assessing Your Social Security Readiness
Social Security can be fairly complex, and anyone who has sailed those waters can tell you that there are some basic things you should know before you get to the point of claiming your earned benefits. The Motley Fool’s Christy…
Claiming Benefits Early…Sometimes There’s a Good Reason
For those approaching the early age for Social Security retirement benefits, it can be a big decision, especially for anyone struggling to remain financially afloat. Waiting beyond the earliest available filing age, of course, results in a slightly higher check…
The Early Filing Question (Again)–More Viewpoints
One of the most frequent questions we receive here at the AMAC Foundation’s Social Security Advisory Service deals with when to start drawing retirement benefits, and specifically the economics associated with starting at the earliest possible age (62). We typically…
The Pros and Cons of Early Filing for Social Security Benefits
It’s a persistent question, and we deal with it frequently in the AMAC Foundation’s Social Security Advisory Service, and there are multiple views on the correct answer. Is you’re grappling with this question, a post on myfox8.com may help you decide.…
Your Social Security Benefits Can Be Less Than You Expect
It may come as a surprise (or a shock!) to some that the dollars they expect to be winding up in their hands from Social Security may not be as great as they thought. It could be the taxation issue, or…
Filing Early? Watch this.
In an informative video that covers just about a minute and a half, USA Today presents an overview of Social Security in terms of how early filing impacts monthly benefits. The video, titled “Your social security check might be less…