Steps to take to maximize your social security benefits

From knowing your full retirement age to checking your earnings history, CNBC’s Sharon Epperson joins TODAY to share everything you need to know about collecting social security and how to maximize those benefits.

About: TODAY brings you the latest headlines and expert tips on money, health and parenting. We wake up every morning to give you and your family all you need to start your day. If it matters to you, it matters to us. We are in the people business. Subscribe to our channel for exclusive TODAY archival footage & our original web series.

Connect with TODAY Online!

About: TODAY All Day is a 24/7 streaming channel bringing you the top stories in news and pop culture, celebrity interviews, cooking, and more. All in one place.

#SocialSecurity #Retirement #SocialSecurityBenefits

[Jameslaure-eu]

I came across your channel through this video—case studies are incredibly valuable, and I'm eager to see more in the future! Building wealth involves establishing routines, like consistently setting aside funds at regular intervals for smart investments.

[dyoung]

I’ve been retired since age 55 & blessed to have a “lifetime pension “. I’m taking social security at 62 because tomorrow’s not promised.

[garytrent]

Brother died 45 Father 61 worked all thier life neither saw a SS Check BS take SS ASAB( 62)just turned 62(7/30/1962) just signed up hope I live a few more years 🙏

[elziemcmillion]

Take your money early why wait, invest it and it will get a good return if you don't need it. I am 59 will be 60 soon taking mine at 62 (I don't need it but tomorrow is not promised). Give me my

[JHJohnson]

Take it at 62. The government is wanting to keep your money get it it’s yours. You earned it

[masterlee]

My best friend was waiting to age 70. He would turn 70 in September.2024. He passed away suddenly on July 16 2024 at the age of 69.

[tomlineberger]

All of this is great information! Before I turned 62, I watched a lot of videos on YouTube about the best time to retire. Essentially, it said if you need the money, go ahead and get your Social Security. That's what my wife and I did and it really helped us out a lot!

[JJacks]

SS should not be taxed. We earned it. Stop taxing us again.

[anopeninvitationwithsheila]

Taking mine next year at 62. I'm out and leaving nothing on the table. Too many people these days not living to 62, not to mention how many don't even live to full retirement age at 66 or 67. Fom what I understand, if you live well past 62 there is a break even point o the full retirement age payout.

[JaylenPotts-zsqw]

Excellent segment of Social Security benefits. Great to hear about this retirement savings tutorial.

[davielove]

Tomorrow is not promised to any of us...take it as soon as you can..I know I will...my father work all his life and never got a chance to enjoy his retirement or collect ss..he was looking forward to it ..but was diagnosed with terminal cancer...everyone won't live to 70.. it's just the reality of life.

[TheLovely]

I'm taking mines at 62 and investing it.

[kj]

Social security is supposed to be supplemental. "Count on that for your basic necessities."!! My basic necessities are more than $1500 month. Housing, food, utilities....

[pahanin]

Take it at 62. Theres no guarantee you’ll be alive longer than 62

[igorschmidlapp]

People getting multi-million dollar contracts (Craig) worried about their benefits? Give me a break. The segment wasn't a bad idea, just their reactions...

[darinheight]

I found it funny to their reactions about the divorce part

[MR.MichaelMayo]

I’m one of the few people who are blessed to have a union pension. & a multiple Retirement accounts.

I will use those accounts to max out my social security at 66 years old lol. I’ll roll the dice lol . If I loose oh well .

[victorduncan]

Taking mine in two months at 62. Thanks, Sarasota Tim

[KTPurdy]

The notion of full retirement age means zero. The benefit starts at age 62 and it continues to go up to 70.

[b.l.]

An extra 8% a year up to 70, is a huge boost!