10 Reasons You Could Get Less Social Security

2. You Delay Applying for Benefits

With so many options regarding when to file for Social Security retirement benefits or Supplemental Security Income, it can be quite confusing — and not having a clear understanding of your options can affect your benefits.

For example, you can apply for retroactive benefits if you don’t apply for Social Security as soon as you’re eligible to, but Social Security won’t pay for more than six months in the past. And failing to submit your Medicare application three months before retirement can result in late fees and delayed Medicare coverage. It’s important to know the smartest time to take your benefits.

Workers who need help figuring out when to apply for Social Security retirement benefits can call the Social Security Administration at 800-772-1213, which is also the SSI phone number you can use for SSI eligibility questions. Alternatively, visit your local Social Security office.

The office can also answer any questions you might have, like how to get a Medicare application and how to apply for SSI.