I'd Think Twice Before Claiming Social Security Early if You're Still Employed. Here's Why.
You might not wind up with as much money as you'd expect.
Overview
After spending decades paying into Social Security, it's understandable that you'd want to sign up for checks as soon as you become eligible. But if you're still working and can't afford to quit your job yet, applying for benefits now may not work out quite how you'd hoped.
Early claimers sometimes run into the earnings test, which withholds money from your checks if you make too much at your job. If this could affect you, you may be better off waiting to sign up for Social Security.
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Originally published at www.fool.com.
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