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Making This Social Security Choice in 2022 Could Cut Your Benefits by 30%


Retirees have a lot of control over how much Social Security income they end up with. In fact, decisions seniors make about when to get their first check could cause their income to rise or fall dramatically.

Older Americans need to be aware of the impact their claiming choice could have on their monthly benefit so they don't end up regretting it. In particular, it's important to know that if you make this decision in 2022, your benefits could shrink by as much as 30%.

Image source: Getty Images.

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Source Fool.com


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