Locking in guaranteed payments early can be appealing, but retirees should carefully consider the long-term impact.

The financial future of Social Security in the United States is under significant threat. Recent reports warn that ...

Maintaining benefits at full levels will likely result in a significant increase in tax burdens for American workers.

Retirement consultant reveals the impact of trust fund depletion and offers creative solutions beyond traditional approaches ...

It is not uncommon to hear that early Social Security claiming can result in a permanent loss of benefits. The system, however, is designed to make up for early withdrawals as soon as you reach ...

On top of that, Social Security offers a bonus for those who can afford to wait. A 1% delayed retirement credit was introduced in 1972, and the amount was increased over the years to the current 8 ...

On top of that, Social Security offers a bonus for those who can afford to wait. A 1% delayed retirement credit was introduced in 1972, and the amount was increased over the years to the current 8 ...

There's an annual earning maximum that will be counted toward Social Security, and 2025's is $176,100, with the maximum benefit amount being $5,108 per month.

Want to wait to claim Social Security? These smart financial strategies can help you avoid tapping it too early.

Use the Social Security calculator or a spreadsheet to do it yourself: Compare the cumulative payout from filing early, at full retirement age, and at 70. If you expect to live beyond 78 to 80 ...

It can serve as a social outlet and a reason to get out of the house. But if you claimed Social Security early and are now thinking about going back to work, you'll need to be careful.