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Delay Social Security, Gain Thousands
Published 1 day ago
Description
Claiming Social Security early means a significant reduction in monthly payments, potentially up to 30%. However, delaying your claim by just one year, from age 62 to 63, can result in a substantial increase of $99 per month. Over 20 years, this could amount to an additional $23,760. While not everyone can wait, even a few extra months can make a difference, so consider your options carefully.
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