Social Security increase 2026
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Many Americans are taking Social Security early, but is that wise? It depends. Here's what to know when deciding when to claim Social Security.
Choosing when to claim Social Security can change your retirement money a lot. Claiming at 62 gives smaller monthly payments, while waiting until 70 increases them. Benefits also depend on career earnings.
When retirement planning with a spouse, you may be banking on the fact that both of you will collect your Social Security payments, thus increasing the amount of benefits you’ll collectively get. What many people fail to factor in, however, is the tragic ...