When to apply for Social Security? Knowing these facts will help you decide.
Social Security is arguably the most important government program the majority of America’s senior citizens will ever participate in, so making sure you understand the basics of how the system works is crucial. It’s not always wise to wait until your full retirement age to apply, and delaying until you’re 70 to maximize benefits often isn’t the right choice. Unfortunately, there are some misconceptions about Social Security which can lead the unfamiliar person to make a bad choice of when to claim, as this Motley Fool article by Maurie Backman explains. Click here to read more.
If you’re unsure about how these basics apply to you, or if you have any questions about your individual situation under Social Security, note that the AMAC Foundation provides a free-to-the-public service to help Americans navigate the complexities of this program. Learn more about it here…
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