Claiming benefits while still working
In case you decide to claim your Social Security before you reach full retirement age while still working, be careful! You might wake up one day that you have to pay a couple of penalties against your Social Security benefit, depending on how much you earn.
One of the best solutions is to wait until you reach your full retirement age. Then, you can claim your Social Security. There’s no penalty for working while you take benefits after your full retirement age, no matter how much income you earn.
So what would you choose: risking paying penalties you might not afford to cover or wait a bit longer and live without worries?
1 thought on “7 Social Security Mistakes That Could Cost You a Fortune”
Cash is king always try to pay for something in person with that there will be no discrepancy about whether the funds are available or not.