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Understanding the Financial Implications of Filing Early for Social Security Benefits
Most people probably know that their monthly benefits are subject to reduction if they file before their full retirement age. But do they have a complete appreciation for just how much of a reduction they’re facing? A post by Financial Advisor Dallen Haws, appearing on fedsmith.com can put this in perspective for those who would like a deeper understanding of the implications of early filing, both on the monthly reduction value and the impact of working after filing and before full retirement age. Check out his post here…
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