Claiming Social Security Early? Big Penalty | Business and Finance News

Suze Orman warns that rushing to claim Social Security at age 62 is a costly mistake—accepting a 30% permanent reduction in benefits that can’t be undone. While some think early claims hedge against future cuts, Orman says waiting until 70 maximizes payouts, especially for spouses, ensuring a larger safety net for survivors. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/39ebe36f34fd6072