The Biggest Social Security Mistake Most People Don't Even Realize They're Making
Social Security can be complex and confusing, and if you're not entirely sure how every aspect of the program works, you're not alone. Only around 40% of adults age 50 and older say they're confident or very confident in their Social Security knowledge, according to a 2023 survey from the Nationwide Retirement Institute, and around 1 in 10 say they're not at all confident.
There's one part of the program that the vast majority of Americans are misunderstanding, however, and it could have an enormous impact on your benefits. If you're making this seemingly innocent mistake, it could potentially result in receiving less than you expect from Social Security.
Image source: Getty Images.
Source Fool.com
