If you recently lost your job and are nearing retirement age, you may be eligible for unemployment assistance and Social Security benefits. Eligible applicants can receive both at the same time.

As January comes to a close, the Social Security Administration (SSA) has completed its monthly distribution of benefits.

Social Security benefits become available to those who qualify as early as the age of 62, but if you can wait until 70, you'll get the maximum payment in your monthly check. That said, sometimes it doesn't make financial sense to wait.

Dear Help Me Retire, I am 63 and decided I want to go ahead and start drawing my Social Security retirement benefits.  I am still working full time. I was told that I cannot receive any Social Security benefits as long as I am working full time and make more than the annual $23,

The first round of February’s Social Security payments, worth up to $5,108 for the highest-income earners who retire at age 70, will go out to the first group of retirees in 20 days. Here is all you need to know about this month’s Social Security payments,

You can claim Social Security benefits at 62, but you won't qualify for your full benefit yet. Full retirement age for those turning 62 this year is 67. Though claiming early reduces your benefit, delaying your claim increases it.

Key Points from 24/7 Wall St. Age 62 is the earliest age to claim Social Security, and it results in a reduced benefit for life. If you have nice savings, an early filing won't necessarily hurt your retirement finances.

Understanding the intricacies of Social Security can significantly impact your financial future. Whether you're planning to claim benefits soon or are already a recipient, knowing the key aspects of the program is crucial.