Should Social Security Pay Temporary Coronavirus Benefits?
The coronavirus pandemic is making everyone feel financially vulnerable, and those who are in or nearing retirement are among the most at risk. With millions of people having lost their jobs and millions more facing temporary work stoppages that have caused their income to dry up, there's a lot of pressure to get money wherever you can.
Those who are 62 or older and have a qualifying work history can claim Social Security retirement benefits, and that's a choice that many of those in or near retirement might have to make. Yet claiming earlier than you wanted will have permanent consequences for how much your monthly checks will be for the rest of your life -- and could also adversely affect how much your loved ones get after you're gone.
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Source Fool.com
