3 Situations When It Makes Absolutely No Sense to Delay a Social Security Claim

Delaying a Social Security claim is often a smart financial choice. By putting off claiming retirement benefits as long as possible until age 70, you can increase the size of your monthly payout. Many people also receive more lifetime benefits with a delayed Social Security claim. 

However, there are three situations when filing for benefits late makes no sense.  

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Source Fool.com