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3 Social Security Mistakes That Could Cost Retirees a Lot of Money

TheMotleyFool

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3 Social Security Mistakes That Could Cost Retirees a Lot of Money: https://g.foolcdn.com/editorial/images/703258/social-security-1.jpg

Social Security is the largest federal program in the United States. About 66 million Americans receive benefits each month, and those payments will total more than $1 trillion this year. On top of that, another 182 million Americans currently work jobs covered by Social Security, which means they will probably receive benefits in the future.

Like many federal programs, Social Security is full of nuanced rules and caveats that can make the program tricky to navigate. Here are three easily avoided mistakes that could cost retirees and their spouses a fortune.

Image source: Getty Images.

Source Fool.com

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