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January 3, 2021 6:05 AM newsfeedback@fool.com (Katie Brockman)
Posted:
Updated:
January 4, 2021 8:45 AM
One of the most critical decisions to consider while planning for retirement is when you want to begin claiming Social Security benefits. You can file for benefits starting at age 62, but waiting until after that age to claim will result in larger checks each month.
If you’re thinking about claiming Social Security in 2021, it’s important to understand how it will affect your monthly payments. By filing for benefits at the right age, you can maximize your checks.
Image source: Getty Images.
Choosing the best age to claim benefits
Turning 62 Next Year? Here s Why You Shouldn t Rush to Claim Social Security
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Ready to Claim Social Security? Do These 3 Things First
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