Oliver6
Expert Alumni

Retirement tax questions

Greetings!

 

There are different options as to when to start claiming social security benefits. In a nutshell, generally, the earliest you can apply is 62 years old and the latest you can apply is 70. Naturally, the longer you wait, the higher the benefits. There is a great article on the social security website along with a table with an example scenario to help you understand the different possibilities and outcomes:

 

https://www.ssa.gov/benefits/retirement/planner/agereduction.html#:~:text=You%20must%20be%20at%20lea...

 

Best regards!