Odds Are You're Wrong About This Basic Social Security Rule
Social Security is probably going to be a very important source of income for you during your later years. It cannot be your only income source, as you'll need money in retirement plans to supplement it. Still, your benefits will almost definitely help you to pay your bills as a senior once your paychecks stop.
Unfortunately, even though many retirees rely on Social Security, many Americans don't understand even one of the most basic rules about how the benefits program works. Worse, it's not just that Americans don't understand. The majority are wrong about a rule in a way that could cost them many thousands of dollars over their lifetimes.
Here's the Social Security rule that most people are incorrect about, so you can see if you're also making a fundamental mistake when it comes to your retirement benefits.
Source Fool.com
