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But in case you don't claim Social Security at exactly one of the milestone ages listed on your statement, here are the rules: If you claim Social Security early, your benefit will be permanently ...
Here are some reasons to claim your benefits early: It may be a wash: The Social Security system is designed so you'll get roughly the same in total benefits no matter when you start receiving ...
Image source: Getty Images. 1. Understand how your claiming age affects your benefits. The government bases your Social Security benefits on your income during your working years and your age at ...
Now, retirees must wait longer to get their full Social Security benefit. While seniors can claim their first Social Security check at 62, FRA is much later than that and an early claim will ...
The best way to avoid having regrets about claiming Social Security early is to get the highest possible benefit you can. The SSA uses a complex formula that takes into account your 35 highest ...
What Is the Early Retirement Age for Social Security? You can choose to claim retirement benefits as early as age 62. However, SSA will reduce your benefit by about 0.5% for every month you ...