Reported 3 days ago
Many retirees make mistakes that can significantly reduce their Social Security benefits. Common errors include claiming benefits too early, misunderstanding spousal and survivor benefits, and neglecting earnings limits. It's also crucial to regularly review your earnings record, consider tax implications, and manage Medicare premiums effectively. Additionally, divorced individuals may be eligible for benefits from ex-spouses. By understanding the rules and planning carefully, retirees can maximize their Social Security payments.
Source: YAHOO