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Markets · Investing · Business
Finance
3 Reasons Not to Claim Social Security at 65
This might not be the right call for you if you're trying to maximize your benefits.
Claiming Social Security at 65 can seem like a good idea, especially if you don't want to face the steep 30% early withdrawal penalty for applying at 62. But it's important to understand how your claiming at 65 will affect your benefit before you decide if it's right for you.
Here are three things you should know before applying for Social Security at age 65. If any of them concern you, you might want to choose a different sign-up age.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.
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