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If you qualify for Social Security retirement benefits, you can start receiving payments at age 62, but doing so before your full retirement age will result in a reduced benefit. It’s crucial to weigh the financial impacts of claiming early, even though there may be valid reasons for doing so.
Explain It To Me Like I’m 5:
If you get money from Social Security when you’re older, you can start getting it at 62, but if you get it too early, you’ll get less money.
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