Claiming Social Security at 62 is not always a smart idea. If those benefits will be your main or only source of retirement income, I'd encourage you to think carefully before locking in a massive ...
Many workers could increase their lifetime spending power by $182,000 by delaying Social Security retirement benefits.
One neat thing about Social Security is that you can choose when to first take benefits. The earliest age to sign up is 62. And if you were born in 1960 or later, you can collect your monthly benefits ...
Although many Americans have traditionally envisioned retirement age as 65, full retirement age is actually 67 for those born in 1960 or later, according to the Social Security Administration (SSA).
This content was provided by Ameriprise Financial Services, LLC. Kiplinger is not affiliated with and does not endorse the company or products mentioned above. Collecting Social Security benefits is ...
When an ex-spouse dies, the emotional fallout often collides with practical questions about money, especially if retirement ...
With over a dozen credit cards and millions of credit card points racked up, Nancy Jiang condenses the complex world of card-churning for maximum rewards with minimum effort. Her work has been ...
Waiting until age 70 to collect Social Security benefits provides the highest possible monthly payments as this is when delayed retirement credits stop accumulating. But does this strategy suit ...
Social Security survivor benefits have different rules than spousal benefits, and both work differently from the retirement ...
Dear Savvy Senior: I’ve read that the Social Security Administration offers a lump-sum payment to new retirees who need extra cash. I haven’t yet filed for my retirement benefits and would like to ...
If you plan to work while collecting Social Security benefits before reaching your Full Retirement Age (FRA), you need to understand the Social Security Earnings Test (officially called the Retirement ...