7 Social Security Mistakes That Could Cost You a Fortune

mistakes
Photo by Ruslan Huzau from Shutterstock

Failing to understand what qualifies you for Social Security

You are not guaranteed you will receive your Social Security retirement benefits. First, you have to qualify for them. How do you do that?

By paying Social Security taxes throughout your working years, or while you’re married to someone who can qualify for those benefits, as Drayton says. “The qualification rules are very complicated. The short answer the majority of people would give is that you need to work for a minimum of 10 years. Even so, it is based on a system of credits and quarters, and there are various types of qualifications for all those benefits.”

The main idea is that it’s important for you to know your qualification status, and in case you’re ineligible, what you need to do to QUALIFY for those benefits.

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1 thought on “7 Social Security Mistakes That Could Cost You a Fortune”

  1. 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.

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