Like most elected officials, Donald Trump recognizes that Social Security is vital to the financial well-being of our nation's retirees. But he's not oblivious to the fact that altering Social Security comes with potentially negative ramifications. While speaking at the Conservative Political Action Conference in March 2013, Trump said:

In return for America’s workers voluntarily delaying their earliest Social Security benefits from 62 to 72, the volunteers would get to delay taxes on 401 (k) withdrawals along with taxes on those withdrawals.

Retirees with public pensions and their spouses are now eligible for their full Social Security benefits.

You may have a lot on your plate as you navigate your way through the start of 2025. But it pays to tackle these Social Security moves sooner rather than later so you're able to make savvy decisions that could have a positive impact on your retirement.

If you’re turning 62 this year, you become eligible for Social Security retirement benefits. This means after your birthday, you can claim your checks and start collecting reliable income from the government every month.