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If you claim before reaching full retirement age, you receive less than your PIA. In other words, the longer you wait to claim, the larger your benefit will be (with a cap at age 70).
Data source: Social Security Administration. Chart by author. Here's the maximum possible 2025 Social Security benefit at 62, 67, and 70. Earning a high salary throughout your career is just one ...
The advantage of an age 70 claim is that you're guaranteed to maximize your monthly benefit, which will be between 24% and 32% more than what you would have received at your full retirement age ...
If you're in line to receive the maximum possible Social Security check, it's likely a smart decision to wait until age 70 to claim your benefit. For one, you likely have ample retirement savings ...
First, workers cannot collect retirement benefits before age 62. Second, workers should never claim retirement benefits later than age 70, as delayed retirement credits stop accumulating at that ...
If you're aiming to hit this milestone -- or are already receiving the maximum monthly benefit -- the following are the maximum monthly benefits at ages 62, 67, and 70 in 2025. A pile of $100 ...
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