Reported 1 day ago
As retirement approaches, it’s essential to strategically plan your Social Security benefits. Claiming early at 62 could reduce your payments up to 30% compared to waiting until your full retirement age, which ranges from 66 to 67, or even until age 70, when payments can increase by up to 25%. Before filing, evaluate your options through the Social Security Administration to determine the best timing for your financial future, ensuring all personal data is accurate and considering how to manage your funds post-retirement.
Source: YAHOO