This year, just 28% of those aged 61 plan to claim Social Security at 62, down sharply from 45% in 2008. In fact, there is no income “bumping” once one has claimed one’s Social Security retirement benefits — and the decision cannot be altered. Few Know Their Full Retirement Age for Social SecurityFidelity’s third knowledge-gap question dealt with the Full Retirement Age rules. The Social Security Rules About Divorce and BenefitsFidelity’s last knowledge-gap question concerned Social Security benefits and divorced people. Using a Social Security CalculatorFidelity’s press release also, not surprisingly, mentions its free five-question Social Security Benefits Calculator.

Source: Forbes April 25, 2017 19:41 UTC