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Turning 66 in 2024 and Planning to Claim Social Security? Why You May Want to Wait.


If you're turning 66 this year, you may be eager to claim Social Security -- especially if you've heard that you can get your standard benefit once you reach that milestone.

The reality, though, is that while 66 is an important age in the world of Social Security, you can't just claim your benefit in January even if the big birthday is this year. In fact, if you want to claim Social Security without any penalties for an early claim, you might actually have to wait until 2025. Here's why.

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Source Fool.com


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