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The earliest you can claim Social Security benefits is age 62. In 2021, about 29 percent of newly retired workers claimed their retirement benefits at age 62, according to the Congressional ...
At Social Security, “We are doing what we can to improve phone service,” said Darren Lutz, an agency spokesman, who cited the hiring of new phone agents for the toll-free number, 800-772-1213.
The first lesson of retirement planning is: Timing is everything. Just ask Sue M., a 68-year-old retiree who's made the big decision to hold off on claiming her Social Security benefits until after...
You're allowed to delay your claim past that point. And for each year you do, up until age 70, your monthly benefit gets an 8% boost. So with a full retirement age of 67, you're looking at a 24% ...
The changes in Social Security tax rates over time can be accessed on the SSA [125] website. The combined tax rate of these two federal programs is 15.30% (7.65% paid by the employee and 7.65% paid by the employer). In 2011–2012 it temporarily dropped to 13.30% (5.65% paid by the employee and 7.65% paid by the employer).
At 62, Bianca jumped at the chance to start collecting her Social Security benefits. Now, at 72, she’s singing a different tune. Explore More: I’m Retired — My 3 Best Money Tips for ...