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Claiming Social Security Early? Don't Get Caught Off-Guard by This Rule.


Many important financial decisions must be made to prepare for retirement, including when to claim Social Security benefits. Some people plan to claim benefits whenever they're finished working, but that's not always the case. Just because you claim Social Security benefits doesn't mean you have to stop working or earning money.

Many people claim benefits at 62 or soon after and work well past that age. However, claiming benefits before your full retirement age and working does mean you need to monitor how much you make, or your monthly payout could be reduced.

Image source: Getty Images.

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Source Fool.com


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