Do You Make These Common Social Security Mistakes?


As Alexander Pope once said, “To err is human,” but these Social Security mistakes can cost you.

It’s common for people to make oversights in such a complex program like this. After all, many of the rules are highly specific and even subject to change.

The good thing about diving deep into the facts of this program is that it could stop you from missing out. This may lead to a better retirement, which means a better quality of life after the workforce.

Common Social Security Mistakes Many People Make

The first misstep many people make regarding Social Security involves a very important number.

The full retirement age (FRA) is the age where people can maximize their Social Security payments if they wait to claim. But it’s a common mistake to be unaware of this age.

This one is tricky, because the age can vary. Depending on the year of your birth, it could be a couple months different than someone else’s FRA. There are also talks to increase this age even though this has already been done in the past.

Another mistake is to assume that your benefits will be calculated properly. It’s wise to review your earnings record and make the calculations yourself. The Social Security Administration (SSA) is a massive bureaucracy and it makes mistakes, so always double check.

The final mistake is more of a matter of perspective. Many people view Social Security and the increases to it as handouts, welfare, or gifts. But the truth is, seniors have fairly paid into this program, and deserve to be paid back in full what they’re owed.

Will You Help Us Protect Retirement for All?

We know that Social Security is something retirees have earned. We believe in protecting it for everyone, but we need your help.

Did you know we can change the future of this program? Check out our Social Security Lock-Box Petition to find out how, then find us on Facebook and Twitter.

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