You Absolutely Shouldn't Wait Until 70 to Claim Social Security in This Situation

Most people know that Social Security checks increase if you delay claiming them.

While you become eligible for retirement benefits as early as age 62, waiting until at least your full retirement age (FRA) grows your benefit because you avoid early filing penalties. And waiting even longer to get started until after FRA will also increase the size of your monthly checks until age 70 due to delayed retirement credits you can earn.

Because of these rules, retirees hoping for the largest monthly benefit should wait until age 70 to claim it -- in most cases. But there is an important exception to this rule, and you need to know what it is so you don't leave money on the table.

Source Fool.com