By the time you sign up for Social Security, you’ve spent decades paying into the program. It’s only natural that you’d want to get the most out of it. You may have heard that delaying benefits until 70 is the best way to do that because you’ll get larger checks. There is some truth in that, but it’s not the wisest option for everyone.
Here’s a closer look at how your age affects your benefits and when you might be better off signing up much earlier. Why delay until 70?
You become eligible for Social Security at 62, so the […]
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