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3 Reasons You Should Sign Up for Social Security ASAP


You've probably seen a lot of Social Security advice telling you to wait to sign up for benefits because this boosts your monthly checks. That's mostly true, but there are a few times when delaying benefits could cost you money. Here are three instances where it definitely pays to sign up for Social Security right away.

Every month you delay Social Security benefits increases your checks slightly, but that all stops when you turn 70. After this point, your benefits won't grow anymore, so waiting to sign up just costs you money. If you're already 70 or older, make sure you sign up for Social Security right away so you can squeeze as much out of the program as possible.

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Source Fool.com


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