The Daily Money: The best reason to claim Social Security in recession

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The Daily Money ALL THE MONEY NEWS YOU NEED TO KNOW   Friday, July 24 Happy Friday, Daily Money readers! It's Brett Molina here to take you into the weekend with some fresh Money and Tech headlines. Let's start with Social Security, and when to start claiming those benefits. As the US economy endures a recession caused by the COVID-19 pandemic, this might be the best time to start claiming Social Security. The reason? It's related to your retirement savings. With the $600 federal unemployment benefit about to disappear, critics including President Trump have questioned whether extending the extra payment would discourage people from returning to work.  Finally, what do Apple, Tesla and JPMorgan have in common? They are companies that might stick around 100 years from now. Not enough headlines for you? Scroll down for more. And enjoy your weekend. Brett Molina, Money/Tech editor The best reason to claim Social Security in 2020 recession There's a lot of debate on when to claim Social Security benefits. The coronavirus pandemic-caused recession could offer a reason to do so early. Is the $600 unemployment bonus discouraging work? Many Americans think this recession will last until... 10 companies that may be around in 100 years Facebook offers $650 million to settle face... List: Ann Taylor, Loft are closing these stores How will you cope without the extra $600 in... Spotify is finally proving its value to record labels More than 150 Lane Bryant stores are closing Avoid these hand sanitizers for methanol risk, FDA says   FOLLOW US Problem viewing email? View in browser Unsubscribe • Manage Newsletters • Terms of Service • Privacy Policy/Your California Privacy Rights • Privacy Notice • Do Not Sell My Info/Cookie Policy • Feedback © 2020 USA TODAY, a division of Gannett Satellite Information Network, LLC. 7950 Jones Branch Drive, McLean, VA 22102