Claiming Social Security at 65? You Might Regret That
At age 65, you qualify for Medicare. You can also start taking taxable, nonmedical distributions from your Health Savings Account (HSA) without penalties. Why not kick off your Social Security benefits at the same time?
While 65 is about the average age people claim Social Security, there's one reason you might regret that timing. You'll absorb a benefit cut, which could squeeze your budget in retirement.
Keep reading to find out how much that benefit reduction could be, and when taking it might be worth it.
Source Fool.com
