Mar 21, 2012

Social Security and Timing

"...Many individuals nearing retirement, according to a new report, remain uninformed about how Social Security works and when to claim benefits – failings that could jeopardize their own financial security and that of their dependents.

The report, from AARP, is the second in two years in which the Washington-based group has measured Americans’ familiarity with the Social Security program. The study – “The Impact of Claiming Age on Monthly Social Security Retirement Benefits: How Knowledgeable Are Future Beneficiaries?” – should be required reading for everyone age 50 and older who has yet to interact with the program..."


Read more at SmartMoney

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