Retirees can maximize their Social Security income by claiming benefits at age 70.

Claiming Social Security at 62 is the earliest option available, and for lower-income Americans, it can feel like the only real lifeline after decades of hard work in low-wage jobs. The reality, ...

The earlier you file, the smaller your monthly payments will be. Filing at age 62 will reduce your benefits by 30% if you have an FRA of 67. These reductions are permanent, too, so expect to receive ...