Social Security tips to save money
Summary
CBS News financial analyst Jill Schlesinger explains the best time to start receiving Social Security retirement benefits. She provides tips to help people save money by choosing when to claim these benefits.Key Facts
- Social Security offers retirement benefits to eligible individuals.
- The timing of when you start claiming benefits can affect how much money you receive.
- Claiming benefits earlier may result in smaller monthly payments.
- Waiting longer to claim can increase the monthly benefit amount.
- Jill Schlesinger is a financial analyst who provides advice on managing Social Security.
- The segment is sponsored by AT&T Business.
- This advice helps people plan their retirement finances better.
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