Don’t fall for these common Social Security misconceptions - News Summed Up

Don’t fall for these common Social Security misconceptions


Dear Liz: I decided to start taking Social Security benefits this summer when I turned 62. Answer: Social Security is complicated, so it’s not surprising that so many people get the details wrong. Withdrawing your application is a good idea because otherwise your new job will offset all of your Social Security benefit. Social Security taxation also works differently than what you’ve described. Given all these complexities, it’s important for people to use a few Social Security claiming calculators before applying.


Source: Los Angeles Times December 01, 2019 12:56 UTC



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