For a larger Social Security check, do this…

From CNBC:

Many people who wind up with a smaller Social Security check because they claim their benefit early could have waited longer to file, thanks to funds in their IRA.

That’s the finding from a recently published study in the Journal of Pension Economics & Finance.

“It seems like there is a significant portion of the population claiming early even though they have the potential to finance a delay,” said Gopi Shah Goda, a co-author of the study and the deputy director and senior fellow at the Stanford Institute for Economic Policy Research.

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Around 34 percent of beneficiaries who claim their Social Security before 66 – the current full retirement age for most people – have enough money in an IRA to finance the equivalent of at least two years of Social Security benefits, the researchers found. A quarter of them had enough to finance at least four years…

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