Latest News
The “Filing at Age 62” Question again
It’s a subject that just keeps coming up. I’m approaching age 62, so should I file for my benefits at that point or wait. Most financial planners, of course, will tell you to hold off as long as you can, all the way to age 70 if possible. That way, you’ll get the highest possible monthly benefit. Of course you will have missed out on eight years of monthly payments, albeit reduced. So what to do? There us substantial conjecture available in the media for both ends of the age 62-age 70 spectrum, but it’s always a personal decision. The Motley Fool’s Maurie Backman, in a post on www.foxbusiness.com, offers some guidance if you’re in the throes of this decision. Check it out here…
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.