Many Americans are taking Social Security early, but is that wise? It depends. Here's what to know when deciding when to ...
The government lets you claim Social Security as early as 62. But the longer you wait — up to age 70 — the more you get every month. Your full retirement age, where you receive 100% of your benefit, ...
For each year you delay Social Security beyond full retirement age, you accrue delayed retirement credits that boost your ...
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 Social Security Administration assigns everyone a full retirement age (FRA) based on their birth year. Every month that you delay Social Security increases your checks. For most people, delaying ...
13 years ago, the SSA introduced a site where you could find all your Social Security information in one place. This site makes it easy to see how much more you'll need to save or invest to meet your ...
Social Security benefits form the core of income for many retirees. The trust fund may be depleted by 2033, reducing future benefits. Social Security benefits have lost 20% of their buying power since ...
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 ...
Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits articles on a range of personal finance topics. Angelica previously held editing ...