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Kiplinger
Kiplinger
Business
Donna LeValley

The 10 Most Costly Social Security Mistakes to Avoid

(Image credit: Getty Images)

For millions of Americans, Social Security provides a vital, inflation-adjusted income base that lasts throughout retirement. Yet, navigating the system’s complex rules is notoriously difficult, and a single, uninformed decision can cost you — and your spouse — tens or even hundreds of thousands of dollars over a lifetime.

Understanding common Social Security errors — from permanently reducing benefits by claiming too early to overlooking spousal strategies and hidden taxes — is the crucial first step toward maximizing your guaranteed lifetime income.

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