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…