The Hidden Benefit of Claiming Social Security at Age 70
When it comes to claiming Social Security, you get the flexibility to choose a filing age that works for you. That choice may be based on factors such as your health, your work status, your retirement goals, and the amount of money you have in savings.
You can sign up for Social Security at any age starting at 62. But you're not entitled to your full monthly benefit based on your lifetime earnings until full retirement age (FRA) arrives. That age is 66, 67, or somewhere in between, depending on the year you were born.
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Source Fool.com