All financial plans are important, but Social Security benefits during retirement years play a profound role in preventing ...

The problem with the “basic math” behind delaying Social Security is that it often overlooks longevity risk. While it’s true ...

The Social Security Administration assigns you a full retirement age (FRA) based on your birth year. Claiming under your FRA shrinks your checks by up to 30%. Consider your financial situation and ...

Social Security's full retirement age for people born in 1960 or later is 67. If you claim benefits at 62, you'll reduce ...

The maximum monthly Social Security check is currently $5,108, or $61,296 annually. Here's the salary you need to claim the ...

Many Americans are taking Social Security early, but is that wise? It depends. Here's what to know when deciding when to ...

One of the biggest decisions you might have to make for your retirement is figuring out when to claim Social Security. You’re ...

For example, let’s say that Hank’s full retirement age is 67. But he started getting reduced benefits when he was 65. That’s 24 months early, so his Social Security benefit was reduced by about 12%.

Some married couples can maximize Social Security benefits when the lower-earning spouse files for benefits first, even ...

Social Security beneficiaries can see a personalized estimate of how much they could expect each month through the SSA’s calculator.

Once you retire, you may have a few different income streams at your disposal. Ideally, at least one of those will be personal savings you've amassed in an IRA, 401(k), or similar retirement account.