A Tale of Two Brothers: It Pays to Wait - AARP
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Thinking about retirement and wondering when to take Social Security? Did you know that waiting even a year or two to claim your benefits can make a big difference in monthly benefits for the rest of your life?
Thinking about retirement and wondering when to take Social Security? Did you know that waiting even a year or two to claim your benefits can make a big difference in monthly benefits for the rest of your life?
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When Are Social Security Benefits Paid Each Month?
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In most cases, the Social Security payment schedule depends on the beneficiary's birthday, but there are some exceptions. To learn more, go to aarp.org/SocialSecurity.
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Can I Collect Both My Deceased Spouse's Social Security and My Own at the Same Time?
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No. Even if you are eligible to receive both benefits, Social Security will pay out only the higher of the two.
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Workplace Retirement Programs Build Economic Security
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More states are beginning to make it easier for employers to offer retirement savings programs to help employees save through a payroll deduction.