The case for waiting to claim Social Security
Choosing when to claim one’s Social Security benefit is one of the most important financial decisions most people will make and, shockingly, many people make that decision with little or no knowledge of how the age you claim affects the amount of benefit you will receive. Indeed, well over half of those who claim do so well before their full retirement age, which is 67 for most future retirees. In this Motley Fool article by Sean Williams, the author offers some excellent reasons why waiting until your full retirement age, or even beyond, to claim Social Security may be the best choice you can make. Click here to read more.
Also, if you’re unsure about how these basics apply to you, or if you have any questions about your individual situation under Social Security, note that the AMAC Foundation provides a free-to-the-public service to help Americans navigate the complexities of this program. Learn more about it here…
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