Social Security : Now or Later?
When Should you start taking Social Security payments?
Deciding when to take Social Security payments is one of the most important financial decisions you can make in retirement. An informed decision can save you thousands in taxes and raise your monthly benefit substantially.
Your entitlement to Social Security benefits is a very valuable right due to the generally favored tax status, inflation safeguards, survivor benefits and longevity insurance that Social Security benefits offer.
The decision as to when to take Social Security retirement benefits is an important one. A wrong decision can cost a retiree literally thousands of dollars. The advice and guidance of financial professionals, to insure that all relevant issues are considered, is highly recommended.
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