Pros and Cons of Waiting Until 70 to Claim Social Security

Americans have an eight-year window to claim Social Security benefits, starting at age 62 and ending at 70. Deciding when to claim involves weighing the pros and cons: claiming early reduces your benefits, while waiting increases them by about 8% each year until 70. Want to optimize your Social Security benefits? Learn more about the best time to start collecting in this recent guide!

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Source Article: https://www.kiplinger.com/retirement/waiting-until-70-to-claim-social-security-pros-and-cons

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