\nIntroduction:<\/h2>\n
Social Security benefits are one of the most important benefits that most Americans will earn over their working lives. Unbelievably, most people will not take the time and expend the effort to maximize their benefits. Unfortunately, most of the time, once you file for benefits you cannot change mid strategy. This is an area in which rebel Financial excels:<\/p><\/blockquote>\n
<\/h2>\n
Social Security Background:<\/h2>\n
Social Security was created in 1935 to provide a safety net of protection against the financial risks of old age, poverty, and parent-less children. It was subsequently strengthened gradually from 1952-72 to become the robust system we know today, that many Americans have come to rely on as a major source of retirement income. Social Security was designed, and still very much remains, a progressive system that provides more robust benefits to lower income workers in proportion to actual contributions to the system. For covered workers, Social Security provides:<\/p>\n
\n
\n
\n
- Retirement Benefits:\n
\n
- Early at age 62.<\/li>\n
- Normal Retirement at age 65-67 depending on your date of birth.<\/li>\n
- Increased benefits for delaying benefits up to age 70.<\/li>\n<\/ol>\n<\/li>\n
- Disability Benefits.<\/li>\n
- Spousal\/Survivorship Benefits.<\/li>\n
- Small Death Benefit.<\/li>\n<\/ol>\n<\/ol>\n<\/ol>\n