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Is Claiming Social Security at 70 a Mistake?

Is Claiming Social Security at 70 a Mistake?
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Claiming Social Security at 62? 3 Things You Need to Know First

Channel3000.com January 13, 2021 5:03 AM newsfeedback@fool.com (Katie Brockman) Posted: Updated: January 15, 2021 5:52 AM The earliest you can begin claiming Social Security benefits is age 62, which is also the most popular age to claim. According to a report from the Center for Retirement Research at Boston College, approximately 48% of women and 42% of men file for benefits at age 62. Claiming Social Security as early as possible can be a smart move for many retirees, but it’s important to make sure you’re aware of how it will affect your benefit amount. So before you begin claiming, consider these three factors. Image source: Getty Images.

Understanding the Social Security Rules for Widows and Widowers

Understanding the Social Security Rules for Widows and Widowers They re complicated, and President-elect Biden wants to reform them By Credit: Adobe One caller protested the unfairness of the benefits since she felt they ignored her own work years and contributions. Another worried that it was only by happenstance reading an article that she learned she qualified for benefits. Widows should know about this, she said. So, let me try to explain what Social Security s survivor benefits are, what they mean for widows and widowers and how President-elect Joe Biden wants to enlarge and clear up confusion about them. Biden s Ideas for Social Security Survivor Benefits

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