Distilling down the core components of the Social Security program to understand when, how, and why to start drawing benefits.
- FORMULA: How the Social Security Administration calculates benefits at various ages (and how you can influence yours to be higher)
- EARNINGS TEST: Why your decision to take benefits may be affected if you are still working (and how other income is treated)
- SPECIAL GROUPS: Who may have special rules to follow (and how their benefits may be lowered)
- CONSIDERATIONS: What other factors must be considered when making the decision to start taking benefits (and what happens if you change your mind?)
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