3 Ways You Could Lose Social Security Benefits by Claiming Early

Claiming Social Security as soon as you turn 62 will net you the greatest number of checks over your lifetime. If you claim benefits for 20 years, that's 240 monthly payments, and some people get even more.That said, there are some drawbacks to claiming benefits early that you'll want to be aware of before you make that call. Here are three to weigh before submitting your application.Image source: Getty Images.Continue reading

Mar 14, 2025 - 22:05
 0
3 Ways You Could Lose Social Security Benefits by Claiming Early

Claiming Social Security as soon as you turn 62 will net you the greatest number of checks over your lifetime. If you claim benefits for 20 years, that's 240 monthly payments, and some people get even more.

That said, there are some drawbacks to claiming benefits early that you'll want to be aware of before you make that call. Here are three to weigh before submitting your application.

Image source: Getty Images.

Continue reading