3 Reasons You May Want to Claim Social Security Before Age 70

Social Security's earliest claiming age -- 62 -- remains its most popular, with just under a quarter of eligible seniors choosing to sign up at this age in 2023. However, it's slowly been losing ground to older ages, including age 70 when you qualify for your maximum Social Security benefit. However, waiting until 70 to claim comes with its own drawbacks. Here are three reasons you may prefer to sign up earlier.Image source: Getty Images.Continue reading

Feb 11, 2025 - 03:04
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3 Reasons You May Want to Claim Social Security Before Age 70

Social Security's earliest claiming age -- 62 -- remains its most popular, with just under a quarter of eligible seniors choosing to sign up at this age in 2023. However, it's slowly been losing ground to older ages, including age 70 when you qualify for your maximum Social Security benefit.

However, waiting until 70 to claim comes with its own drawbacks. Here are three reasons you may prefer to sign up earlier.

Image source: Getty Images.

Continue reading