You Probably Can't Claim Social Security the Moment You Turn 62. Here's Why.
Don't let this technicality catch you off guard.
Overview
It's common for people to want to claim Social Security as soon as they become eligible for benefits at age 62, but most people won't have this option because of how the Social Security Administration defines eligibility. You must be 62 for the entire month to claim a retirement benefit, which means most people don't qualify for checks in their birth month.
Here's a closer look at how the government decides when you're eligible to claim checks, and why waiting a month to sign up might not be a bad thing.
Image source: Getty Images.
Details
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Originally published at www.fool.com.
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