4 Mistakes That’ll Slash Your Social Security Benefits

Millions of seniors today rely on Social Security to pay the bills in retirement, and countless workers will no doubt come to depend on those benefits in the future. Though Social Security was never designed to sustain retirees by itself, it canserve as a substantial income source. That's why it's crucial to get the most money out of the program as possible -- but if you're not careful, you could end up slashing your benefits and losing out on key income when you need it the most.

Here are a few mistakes that'll cut your benefits, and how to avoid them.