Social Security Report

When it pays to claim Social Security right away

They say that good things come to those who wait, but is that true for Social Security? Millions of retired seniors count on Social Security to keep up with their living expenses, which is why claiming benefits at the right age is important. True, you can claim your benefits as early as age 62, but doing so, you’ll reduce them by a certain percentage for every month you file early. Or you can also delay them past your full retirement age and grow them eight percent a year in the process. In Maurie Backman’s article, she reviews three scenarios when it pays to claim Social Security right away. Read her article here…

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