President Donald Trump has tapped businessman Frank Bisignano as the Social Security Commissioner. What could that mean for you?

Specifically, you lose 5/9 of 1% of your PIA per month for up to 36 months when claiming early, then 5/12 of 1% for every month thereafter. That means signing up for Social Security at 62 can reduce your checks by up to 30%.

If you're eligible to suspend your benefits, you aren't required to pay anything back, as benefits are just on pause instead of canceled completely. Another benefit is you don't have to submit a form to suspend your benefits -- you can just call the SSA and they can take care of the rest for you.

The start of a new year usually means changes to Social Security, and this year is no different. The changes to Social Security retirement benefits and changes that affect workers still paying into the program often get the most attention,

The program’s finances could take another hit if some of the president’s tax proposals are passed. What to know about claiming early.

Now that Donald Trump is has started his second term as president, backed by a Republican-controlled House and Senate, there has been a lot of talk surrounding Social Security. Specifically,