There are many reasons to delay claiming Social Security benefits. Once we have addressed a few of the common misconceptions and cleared the air for folks they are often more openminded to hearing reason to consider a delayed strategy. No Forfeiture Of Benefits and COLAs First and foremost, by waiting until your full retirement age to claim you will avoid forfeiting a significant percentage of full retirement age benefits and the cost-of-living adjustments that you would rece

When and how you claim Social Security benefits is one of the bigger decisions you will face as you transition from your working years into your post working years. For many folks, Social Security will be one of their largest retirement resources, and it's often the most mismanaged. Irrevocable decisions could potentially add or subtract tens of thousands of government backed, inflation adjusted, and tax advantaged dollars from your lifetime retirement resources. One right de