Why Taking Social Security Early Costs Too Much
Nerd Wallet
AUGUST 20, 2020
Many Americans have little choice but to accept the diminished payments. The penalty is steep: Someone who applies this year at age 62 would see their monthly benefit check reduced by nearly 30%. Even before the pandemic, about half. Liz Weston is a writer at NerdWallet. Email: lweston@nerdwallet.com. Twitter: @lizweston.
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