It seems like a simple equation. You pay money into Social Security during your working years. You get it back when you retire. And if you hold off past full retirement age, you get more. Unfortunately, it’s not that simple.
The reality is there are 2,728 core rules to the Social Security program.* Given that jaw-dropping number, it’s not surprising that many retirees are leaving substantial amounts of money on the table.
The problem is that we’re not armed with basic information about our options, according to Rob Kron, Head of Investment and Retirement Education for BlackRock.
