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What is the Most Popular Age to Claim Social Security?
How much your Social Security benefit will be is determined by a complex formula which uses your lifetime earnings history, your year of birth, and the age at which you claim. And, unfortunately, most individuals have surprisingly little idea of how to decide which is the best age to claim. For many, simply becoming eligible at age 62 seems like the right time to collect, while for others waiting until their full retirement age (between 66 and 67), or even beyond, is their choice. So, at what age did most of those now receiving benefits claim? Well, that question is answered in this USA Today article by Sean Williams. Click here to read more.
Also, if you’re unsure about your individual situation under Social Security or have questions about your personal benefit entitlements, note that the AMAC Foundation provides an independent free-to-the-public Social Security Advisory service to help Americans navigate the complexities of this program. Learn more about it 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.