Is there a reason to claim one way over the other?

  • Is there a reason to claim one way over the other?
    Is there a reason to claim one way over the other?

    Dear Rusty: I started getting Social Security at age 62 and I am now 77. Can I get a higher benefit now that I’m older? Signed: Needy Senior

    Dear Needy Senior:

    Probably not. When you first start collecting your Social Security retirement benefits (e.g., at age 62 or any other age) your SS benefit amount is permanently established and will change thereafter only if:

    A Cost-of-Living Adjustment (COLA) …