Social Security and Supplemental Security Income (SSI) benefits for approximately 70 million Americans will increase 1.3 percent in 2021, the Social Security Administration announced today.
Julie Chapman loved her job as a fourth-grade teacher. She’d been teaching elementary school for more than 20 years, but in late 2017, she realized her role was in jeopardy.
You’re getting close to 62, and wondering whether or not you should apply for your Social Security benefits. If you are eligible for benefits, you may begin receiving payments as early as age 62 – but is that a wise decision? At age 62, you would receive only 75% of your benefit amount – a reduction that continues for the remainder of your life.
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