Ask Terry Questions When to take Social Security

When to take Social Security

By Terry Savage on July 11, 2021 | Financial Planning / Retirement

Another reason not to take Social Security until age 65 is if you are on Obamacare it will count towards your income and could greatly raise your monthly premium for your health insurance as it did mine.

Terry Says

Oh, that’s a good point! It all depends on your other income. But did you realize that this year because of the pandemic, the income limits for Obamacare have been raised. Be sure to check to make sure you are paying the correct premium under the new levels.

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