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3 Social Security Tips to Avoid Costly Mistakes


It's important to take maximum advantage of your Social Security benefits. The problem, though, is that the program is complicated, and it's easy to miss out on benefits that are available or aspects of the program that can take away benefits.

In particular, there are three things that a lot of people don't realize about Social Security. Just a little simple learning can potentially prevent you from making costly mistakes.

Different benefits have different rules governing when you've maxed out the amount you can get. In general, waiting can make the size of your Social Security checks get larger, but there's almost always a point at which there's no further reward from putting off taking your benefits any longer.

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Source Fool.com


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