As of age 62 you may be eligible to claim Social Security benefits. When to begin taking Social Security benefits requires careful consideration and planning, and it is prudent to begin that process early. Below is a quick overview of things for you to consider.
Workers who paid into the Social Security system for at least 10 years are entitled to claim an “Old-Age Benefit”, also known as the “Primary Insurance Amount” (PIA) when they reach “Full Retirement Age” (FRA).
When to File
Deciding what age to claim your benefits is a complicated decision that I can help you with.
I hope you find this information helpful. When to take Social Security Benefits is an important decision toward the goal of maximizing your lifetime benefits.
Over the next few months, let’s work toward determining the best age for you. In the meantime, to obtain an estimate of your personal benefits and to learn more, visit www.ssa.gov/myaccount and https://www.ssa.gov/benefits/retirement/planner/agereduction.html
I will reach out soon to discuss this further, but don’t hesitate to contact me if you have questions.
Deciding when to take social security benefits
November 27, 2023