Many Americans are taking Social Security early, but is that wise? It depends. Here's what to know when deciding when to ...

The earlier you claim Social Security, the smaller your monthly benefit will be. You must wait until 70 to apply if you want your largest possible checks. There are scenarios where claiming early ...

For many Americans, Social Security is the cornerstone of retirement income. Nearly 90% of people over age 65 receive benefits from the program, according to the latest data from the Social Security ...

Few decisions are as important as deciding when you want to claim Social Security as you approach retirement. It's a decision that will permanently affect your monthly benefit, altering how your ...

Choose your claiming age carefully and understand how this affects the size of your benefit. It's best to apply several months in advance of when you hope to claim. Gather your documents ahead of time ...

When retirement planning with a spouse, you may be banking on the fact that both of you will collect your Social Security payments, thus increasing the amount of benefits you’ll collectively get. What ...

According to the Social Security Administration (SSA), the Social Security program will pay out around $1.6 trillion in benefits to roughly 72 million beneficiaries this year. The bulk of these ...