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Why you should consider NOT claiming Social Security early

Deciding when to take your Social Security benefit is one of the toughest choices you have to make financially. Most people can claim their benefit as early as age 62, but you’ll suffer a permanent reduction of as much as 30 percent in the monthly payment you receive if you do so rather than waiting until your full retirement age. However, it’s true that, in some cases, it is actually smart to claim benefits early. The article outlines some good reasons why you should consider not claiming Social Security early. Read article here…

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