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3 Reasons to Delay Taking Social Security


3 Reasons to Delay Taking Social Security

The vast majority of Americans take Social Security at or before their full retirement age, but there are some pretty compelling reasons to wait. If you're in a position where you could delay Social Security if you wanted to, here are three reasons why you may want to consider holding off on applying for your retirement benefits.

To be clear, you can claim Social Security if you're still working. If you've already reached your full retirement age, you're also exempt from the "earnings test," meaning that no matter how much you earn at your job, your retirement benefit can't be reduced or withheld.

Image source: Getty Images.

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Source: Fool.com


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