3 Reasons Not to Claim Social Security Too Early
One nice thing about Social Security is that it's flexible. You don't have to sign up for benefits at a single age, but rather, you get an eight-year window to file that starts at 62 and ends at 70. (Technically, you can claim benefits after you turn 70, but there's no financial reason to wait beyond your 70th birthday.)
Because 62 is the earliest age to file for benefits, it's an age many seniors opt for. But you should know that for each month you sign up for Social Security ahead of your full retirement age (FRA), your benefits will be reduced on a permanent basis.
Image source: Getty Images.
Source Fool.com
