3 Social Security Moves That Could Cost You During the COVID-19 Pandemic
Right now, millions of Americans are facing some tough financial choices as the COVID-19 outbreak rages on. Some are postponing retirement. Others are retiring early.
If you're older and eligible for Social Security, you may decide to rely on those benefits to help you get through the current crisis. But be sure to think the following moves through before moving forward with them.
You're entitled to your full monthly Social Security benefit, based on your wage history, once you reach full retirement age, which is either 66, 67, or somewhere in between, depending on your year of birth. That said, you're allowed to claim benefits as early as 62, albeit at a reduced rate.
Source Fool.com
