Another good reason to claim Social Security at 62 is if you're in poor health and don't expect to live a long life. Filing ...
Dear Rusty: I just turned 65 years old in February 2025. I need to sign up for Social Security but don’t even know where to start. Signed: Seeking Assistance Dear Seeking: It is fairly easy to sign up ...
Dear Savvy Senior: What do I need to do to get disability benefits from Social Security? I’m 60 years old and have a medical condition that doesn’t allow me to work anymore. But I’ve read that getting ...
If you’re receiving Social Security retirement benefits, some of your family members may also be eligible for monthly payments through your record. These family benefits can provide important ...
As an American taxpayer, you’ve likely heard about Social Security your entire working life, and perhaps even bemoaned the amount of taxes that are subtracted from your paycheck. However, as you ...
You may think you've done all you can to maximize your Social Security benefits. You worked hard for decades. You increased your income over your career. Now you're staring at the application screen ...
The earlier you claim Social Security, the smaller your monthly benefits will be. Delaying the point at which you file for benefits can grow your checks by anywhere from 5% to 8% per year. In deciding ...
Waiting until age 70 to collect Social Security benefits provides the highest possible monthly payments as this is when delayed retirement credits stop accumulating. But does this strategy suit ...
Those who work long, high-paying careers can receive thousands of dollars above the average Social Security benefit.
Clients frequently ask me about the best time to start taking Social Security benefits, with the hope that there's a golden rule or simple answer. As with so many areas of financial planning, we need ...