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Working More Can Mean a Higher SS Benefit - Motley Fool
As most know, it is possible to claim Social Security retirement benefits as early as age 62. But did you know that doing so will mean your monthly benefit will be as much as 30% less? When to claim SS is always something that should be carefully evaluated, and you might find that working even just one more year could have a significant influence on your lifetime Social Security benefits. This Motley Fool article by Kailey Hagen offers several reasons why working even one additional year can make a difference in your lifetime Social Security benefits. Choose carefully when to claim SS!
Social Security is a complex topic. If you’re unsure about how these basics apply to you, or if you have any questions about your individual situation under Social Security or enrollment in Medicare, note that the AMAC Foundation provides a free-to-the-public advisory service to help Americans navigate the complexities of these programs. All questions are answered quickly, at no charge. Learn more about it here…
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.