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Don't Fall for the Misleading Bait of Increased Social Security Payments


For many people, Social Security is one of the main sources of income in retirement. After years of working and paying Social Security taxes, retirement presents an opportunity to finally reap some of the benefits.

A lot of factors go into determining how much you receive from Social Security, including when you decide to start receiving checks. Some people choose to delay their benefits because the payout is higher that way, but here's why that can be slightly misleading.

Image source: Getty Images.

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Source Fool.com


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