- How It Works
- ServicesServicesOverviewChoose the right level of support for your plan and needsExpert ReviewA comprehensive review of inputs and reports to get you on the right pathFiling AssistanceLet our experts deal with Social Security for youClawback AssistanceFor those who need help fighting a Social Security benefit clawback
.png)
- Why Choose Us
- ResourcesResourcesBooksFrom the world-renowned economist behind Maximize My Social SecurityWebinars & PodcastsExpert tips and guides to help you get the maximum from Maximize My Social SecurtyArticlesIn-depth commentary on Social Security from our founderAsk LarryThousands of questions answered by our Social Security expertsBlogSocial Security insights to help you maximize your lifetime benefitsFAQYour most pressing questions answered
- Pricing
Ask Larry
Experts at Maximize My Social Security have answered more than 10,000 questions about Social Security over many years. Search for your questions and answers here.
Is There A Benefit For Me To Wait To Claim Benefits If I'm Not Working?
Hello,
My job was recently eliminated and I am considering just retiring. Is there still a benefit for me to wait and claim my SS at FRA (66 and 2 months) since I am not working if financially I am able to do so? My age is 62 and 2 months.
Thank you in advance.
Hi,
Yes. If you start drawing your Social Security retirement benefits at age 62 & 2 months, your benefit rate will be 25% lower than if you waited until full retirement age (FRA) to file. This is true even if you stop working at age 62.
Before filing, you should strongly consider using the maximization software available on this website to compare your options and determine your best filing strategy.
Best, Jerry
Category:
Posted:
December 15, 2017