Ask Larry

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Should I Work Full Time And Collect At FRA Or Wait Until Age 70 To Collect?

Is it worth working full time and collecting FRA last June 2020 OR wait until 70 to collect SSN? My tax rate @ 15% and married/filing jointly. My husband is retired and collecting FRA in Jan. 2021.



Hi. I can't give you a good answer without much more detailed information. The decision on when to start drawing your benefits depends on a multitude of different factors, and each person's circumstances are unique. Our software (https://maximizemysocialsecurity.com/purchase) is designed to help people analyze there options so that they can determine their best strategy for maximizing benefits.

Best, Jerry

Posted:
June 4, 2021