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Your 62nd birthday presents one of the most consequential choices of your entire financial life — it’s the year you become eligible to claim Social Security benefits.
The decision to claim Social Security is a big one, so you shouldn't necessarily rush to take benefits the moment you retire. Think things through, but don't hesitate to consult with a financial ...
3. What you need to apply. You can speed up your Social Security application by making sure you have all the necessary information and documents ready in advance. These include: Your Social ...
You've decided that 2025 is the year you're finally going to claim Social Security. The government bases your Social Security benefits on your income during your working years and your age at sign-up.
Lighter Side. Medicare. News
Waiting to apply will often increase how much Social Security you collect over your lifetime. The Social Security Administration assigns everyone a full retirement age (FRA) based on their birth year.
Image source: Getty Images. 1. When your spouse claims benefits can matter a lot. It's no secret that one spouse can claim Social Security retirement benefits based on the other spouse's earnings ...
You need to be at least 61 years old and 9 months in order to claim these benefits. Another added requirement — you also need to want your benefits to start in no more than four months.