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Why you may want to claim your Social Security benefits early

You can start receiving Social Security benefits as early as age 62 or any time after that. The longer you wait, the higher your monthly benefit will be, although it stops increasing at age 70. Your monthly benefits will be reduced permanently if you start them any time before your full retirement age. However, there are some reasons for starting your benefits early even if it means taking permanent reduction. Nicole Spector outlines 12 reasons why you may want to claim your Social Security benefits early. Read Ms. Spector’s article here…

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