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  2. Thinking About Claiming Social Security Benefits at Age 62 ...

    www.aol.com/thinking-claiming-social-security...

    1. You'll be slashing your monthly benefit for life. Many people are aware that claiming Social Security at age 62 means accepting a reduced monthly benefit for the remainder of their retirement ...

  3. This Is the Average Social Security Benefit for Age 62 - AOL

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    Average annual benefit. $15,579.12. $16,077.60. Source: Social Security Administration. Data is based on December 2023 figures for 62-year-old claimers and 3.2% COLA for 2024. Even with the COLA ...

  4. Social Security: How To Fill Out an Application for ... - AOL

    www.aol.com/finance/social-security-fill...

    Check the box to indicate that you are an adult age 18 or older, then select one of the following boxes: Retirement (You worked and paid Social Security taxes) if you’ll collect on your own ...

  5. Is Taking Social Security at 62 a Huge Mistake? - AOL

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    Any time you take Social Security before your full retirement age, you’ll have to accept a reduced benefit. Your benefit will be 6.66% lower for each year of early benefits. If you start them at ...

  6. Social Security 2023: How Long Does It Take To Get Approved?

    www.aol.com/finance/social-security-benefits...

    The maximum benefit depends on the age you retire. The SSA provides this example: If you retire at full retirement age (67) in 2023, your maximum benefit would be $3,627. However, if you retire at ...

  7. Social Security: How Far In Advance Can I Apply? - AOL

    www.aol.com/social-security-far-advance-apply...

    According to the Social Security Administration, the earliest you can be eligible to receive benefits is 62 years of age — but you must be 62 for the entire month. This means if you turn 62 on ...

  8. Should I claim Social Security benefits at 62 or wait? Here ...

    www.aol.com/finance/social-security-62-wait-3...

    Their benefits get slashed. But those reduced benefits can add up. If you take Social Security before full retirement age, you should expect a 30% reduction in monthly benefits, according to Fidelity.

  9. The great debate: Taking Social Security at age 62 vs 70 ...

    www.aol.com/finance/social-security-timing-age...

    62 versus 70 explained. As of February 2023, the average Social Security retirement benefit was $1,782 per month, or $21,384 per year. But the numbers only tell a small part of the story, since ...

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