3 types of people who should claim Social Security at 62
Claiming Social Security at 62 is popular strategy because it gives recipients the most checks. At the same time, it reduces the size by up to 30%.
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.
The Social Security Test You Should Expect If You're Under Retirement Age
If you decide to begin taking Social Security benefits for you reach the Full Retirement Age, you will likely be subject to this test.
How are Social Security benefits impacted when you retire before full retirement age?
Ken and Rick discuss the pros and cons of retiring early and how this can affect social security benefits and taxes.
The Average Benefit of Social Security's Oldest Recipients Might Surprise You
Since average earnings tend to rise over time, you'd expect to see younger workers -- those with higher average monthly earnings -- receive larger checks. And we do see this to some extent. A 70-year-old claimer took home an average of about $2,037.54 in December 2023.
Can a Social Security decision be reversed if you claimed before your FRA?
Learn about the options available to those who claim Social Security before the FRA and wish to make adjustments to their decision.
I claimed Social Security at age 62 and am filled with regret – can I change my mind?
I'm Starting to Think My Social Security Filing Age Doesn't Matter
There was a time when I was convinced I'd claim Social Security at age 70 for the largest possible monthly payday. On a basic level, seniors get an eight-year window to sign up for Social Security that begins at age 62 and ends at age 70.
Here's the Average Social Security Benefit at Every Possible Claiming Age
One of the biggest Social Security decisions you'll have to make is when to sign up for benefits. Many choose to apply as soon as they're eligible, so they can get the most checks. But this isn't always the wisest move.
Divorced? How to Claim Social Security Benefits on Your Ex’s Record
Typically, people become eligible for Social Security by working and paying into the program. But that’s not the only path to collecting Social Security in retirement. Even if you never worked, you may be entitled to spousal benefits from Social Security.
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Will Social Security Automatically Enroll You At 70?
One nice feature of Social Security is that it doesn’t lock all seniors into one specific filing age. You can claim benefits ...
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How families, and not just retirees, depend on Social Security
Social Security is helping more than just older adults as more children start to live with their grandparents.
1 Social Security move every single worker should make in 2025
Whether you're retiring in 2025 or still have decades left, it's wise to ensure you know exactly how Social Security will fit ...
Younger Retirees Rely On Their Social Security To Get By: Is It Enough To Keep Their Homes?
Older retirees, aged 74 and 75, reported that 52% of their income came from Social Security, while the youngest, aged 62 and ...
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How Much Will Social Security Pay Me in Retirement? Here’s How to Estimate Your Monthly Check
If you’re like most seniors, you’ll rely on  Social Security to provide a good portion of your income once you retire. But, ...
Social Security Update: Up to $5,108 to Be Paid This Week
A new round of Social Security payments will be made this week. Why It Matters. Social Security benefits are paid to more ...
Social Security funding crisis looms as baby boomers retire
Social Security gets the bulk of its funding from payroll taxes. And while that revenue stream is set to continue, in the ...