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Kiplinger
Kiplinger
Business
Jeff Judge, CFP®, ChFC®, CLU®, AEP®

How to Coordinate Claiming Social Security With Your Tax Bracket

Senior couple on bike ride checking performance and route on smartwatch.

When to claim Social Security is usually framed around break-even analysis and longevity.

Claim at 62, and you'll receive reduced benefits for life. Wait until 70, and your monthly check rises roughly 76% (from delayed retirement credits of about 8% per year) — but you forgo eight years of payments.

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