Avoid Losing Social Security Checks: Use the First-Year Monthly Earnings Rule

Starting Social Security near the end of the year? One seemingly small decision about your filing date could cost you four monthly checks—roughly $8,344 based on the current average retired-worker benefit. Before you choose your retirement date or submit your Social Security application, watch this video. Dr. Ed Weir, former Social Security District Manager, explains the costly year-end mistake people make, why those final months matter, and what you should check before deciding when your benefits should begin. If you are retiring soon, applying for Social Security, or helping a spouse or family member prepare, this information could prevent an expensive mistake that may be difficult to undo. Your actual benefit and available options depend on your age, earnings record, work status, and filing date. This video provides general educational information and not individualized legal or financial advice. #SocialSecurity #Retirement #SocialSecurityBenefits Originally recorded live with Restream.