Don't Lose Your Social Security Benefits: These Mistakes Will Cost You

Here is a 174-word summary of the news article: "Don't Lose Your Social Security Benefits: These Mistakes Will Cost You" highlights key ways retirees can inadvertently lose their Social Security benefits. The article warns that certain actions, such as working after retirement, can result in reduced payouts. It cautions that exceeding income limits can trigger a partial or complete loss of benefits. The article also advises against taking Social Security too early, as this can permanently decrease monthly payments. Additionally, it notes that failing to notify the Social Security Administration of life changes, like a divorce or a move, can lead to overpayments that must later be repaid. The article emphasizes the importance of carefully navigating Social Security rules to maximize benefits. It recommends consulting a financial advisor to avoid common missteps that can significantly impact one's retirement income. The key message is that retirees must be vigilant to ensure they do not inadvertently jeopardize their Social Security benefits.