https://ttlc.intuit.com/community/retirement/discussion/ssa/01/3080232#M203494 <P>Is there a break even point to as to when to apply? When is the best time to apply for social security?</P><P>&nbsp;</P> Wed, 26 Jul 2023 19:33:03 GMT Showes 2023-07-26T19:33:03Z https://ttlc.intuit.com/community/retirement/discussion/ssa/01/3080232#M203494 <P>Is there a break even point to as to when to apply? When is the best time to apply for social security?</P><P>&nbsp;</P> Wed, 26 Jul 2023 19:33:03 GMT https://ttlc.intuit.com/community/retirement/discussion/ssa/01/3080232#M203494 Showes 2023-07-26T19:33:03Z https://ttlc.intuit.com/community/retirement/discussion/re-ssa/01/3080243#M203495 <P>Greetings!</P> <P>&nbsp;</P> <P>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:</P> <P>&nbsp;</P> <P><A href="https://www.ssa.gov/benefits/retirement/planner/agereduction.html#:~:text=You%20must%20be%20at%20least,are%20approximate%20due%20to%20rounding." target="_self">https://www.ssa.gov/benefits/retirement/planner/agereduction.html#:~:text=You%20must%20be%20at%20least,are%20approximate%20due%20to%20rounding.</A></P> <P>&nbsp;</P> <P>Best regards!</P> Wed, 26 Jul 2023 19:36:55 GMT https://ttlc.intuit.com/community/retirement/discussion/re-ssa/01/3080243#M203495 Oliver6 2023-07-26T19:36:55Z