claims the procedures left her with “deep physical and emotional wounds and severe regrets.

By claiming Social Security early.it wont be possible to reverse that decision.

which means people who collect Social Security before age 67 will get $1 deducted from their Social Security payments for every $2 they earn above that limit.Social Security supports more than 70 million Americans.Kotlikoff estimated in a research paper published last year.

Here are four common mistakes that people often make in claiming Social Security.The widows scamAnother mistake that can result in lost benefits is what Kotlikoff calls the widows scam.

not everyone might be able to hold off.

encourage certain choices that cause people to lose out on tens of thousand of dollars in benefits.it can take months or years to clear up.

and we handle overpayments on a case-by-case basis.the errors arent the fault of beneficiaries.

Yet claimants have little recourse for fixing the problem or otherwise protecting themselves.Kotlikoff thinks the Social Security Administration may inadvertently nudge people into claiming too early by providing a life expectancy calculator and actuarial tables that give the average number of additional years you could live.