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Agency officials discussed the rise in Social Security claims in an internal meeting, which wound up on YouTube.
More Americans are tapping benefits earlier than ever — but what’s driving this trend, and is it the right move?
The financial decisions you make now in your early to late 60s will stick with you for the next 30+ years. Let’s look at a ...
Retirees are paying the agency $100 for certified earnings records because "they're afraid of our systems going down." ...
Workers eligible for Social Security can begin receiving benefits at age 62, known as the early eligibility age, but their ...
The Social Security Administration bases your benefit on your work history, but it also takes your claiming age into account. You must claim at your full retirement age (FRA) if you want the full ...
But there's a reason Social Security recipients are often advised not to sign up for benefits at 62. You're not entitled to ...
Most people, however, claim earlier, according to the SSA data. Nearly 30% of new Social Security beneficiaries claim benefits at age 62. Around 32% claim benefits after age 62 but before the FRA.
Retirees are paying the agency $100 for certified earnings records because "they're afraid of our systems going down." ...
However, you’re allowed to claim Social Security once you turn 62. And the further away from FRA you are, the more of a hit to your benefits an early filing will cause. For example, if you claim ...
614,000 retirement claims for benefits are pending, which SSA officials said during the meeting is an "extremely" high number. While there could be many reasons to file early for Social Security ...