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September 2019 » Social Security Benefits after...
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Sidney Kess, JD, LLM, CPA
Making Social Security decisions is relatively simple for seniors filing single tax returns. Assuming modest or no earned income, retirement benefits can begin as early as age 62. For each year of waiting to start, annual benefits increase by approximately 7%–8%. (After full retirement age, now 66 or 67 depending on year of birth, the presence of earned income will not affect Social Security benefits.)
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