Even if you're in line for the maximum possible benefit, you might be surprised at how much more you can get by waiting.
The United States is exploring a new minimum retirement age to address the difficult situation surrounding Social Security. A ...
The downside to an age 62 claim, as you may have noticed in the claiming age table, is that monthly benefits are permanently reduced by 25% to 30%, depending on your birth year. Furthermore, early ...
You can also retire at 62 but delay collecting benefits, pushing your maximum benefits as high as $4,555 if you wait until age 70. Either way, the amount you receive will be based on the Social ...
The average retirement age for Americans is 62. The average retirement age has increased by a few years since the early 1990s, when the average American retired at 57. The expected retirement ...
Your Social Security statement estimates your future retirement benefits based on current earnings. Working over 35 years and ...
Qualified workers are entitled to retirement benefits at age 62. But anyone who collects Social Security before full ...
When it comes to getting the maximum benefits possible, the question of whether or not to delay claiming Social Security payments becomes imperative. The benefit amount can vary depending on if ...
For more information, read the TSP booklet Tax Rules about TSP Payments.
There's a benefit to saving for retirement in a 401(k) over an IRA. With a 401(k), you get the ability to contribute a much ...