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When should you take Social Security? It depends
When to take Social Security? It’s a normal question, but not so easily answered except to say “It depends”. It depends on whether you really need the money; it depends upon how long you can expect to live; and it depends on whether you want to continue working. The fact is that if you apply earlier than your full retirement age (from 66 to 67, depending on the year you were born) your Social Security check will be smaller. And if you wait past your full retirement age that check will be larger. This article by Consumer Wise reporter Angie Moreschi appears at (Tampa) Bay News 9 and explains how to get the most out of Social Security. Click here to read more.
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.