The No. 1 Reason to Claim Social Security at Age 62
If you have started to look into claiming Social Security benefits or simply want to learn more about the program, then you have likely realized how complex it can be. There are a lot of obscure rules and provisions.But perhaps the most complicated aspect of Social Security revolves around the part where you get a choice. Specifically, claimants can choose the age at which they want to start collecting benefits. In most cases, retirees can start taking benefits as early as 62, and there is no financial incentive for delaying past 70.This has led to no shortage of experts debating over the best age for claiming benefits. There isn't necessarily one wrong or right answer, but this is the No. 1 reason to claim benefits at age 62.Continue reading
If you have started to look into claiming Social Security benefits or simply want to learn more about the program, then you have likely realized how complex it can be. There are a lot of obscure rules and provisions.
But perhaps the most complicated aspect of Social Security revolves around the part where you get a choice. Specifically, claimants can choose the age at which they want to start collecting benefits. In most cases, retirees can start taking benefits as early as 62, and there is no financial incentive for delaying past 70.
This has led to no shortage of experts debating over the best age for claiming benefits. There isn't necessarily one wrong or right answer, but this is the No. 1 reason to claim benefits at age 62.
