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Why It May Make Sense to Take Benefits at 62

We often hear the benefits of waiting to collect Social Security because the benefit amounts increase yearly, with increases of 8% between full retirement age and age 70.  But Christy Bieber of The Motley Fools notes there are times when it makes sense to claim benefits early, namely when health is an issue.  Read more here…  The AMAC Foundation offers a free-to-the-public advisory service to all folks ageing into–or already in–Social Security to provide guidance in understanding the complexities of the program and the myriad rules and regulations associated with the process for claiming benefits. NSSA-Certified Social Security Advisors are available via email or telephone to discuss options. Learn more via the Foundation’s website.

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