3 Mistakes That Could Sabotage Your Social Security Benefits
Katie Brockman notes three blunders that should be avoided when it comes to Social Security. According to a survey by the Nationwide Retirement Institute about 20% of baby boomers say Social Security benefits will be their only income source in retirement and that only 37% of boomers are confident in their knowledge about the program. Brockman explain these should be avoided: 1. Claiming at the wrong age; 2. Not working for at least 35 years; 3. Not checking your statements online for mistakes. Full piece here.
The AMAC Foundation offers a free-to-the-public advisory service to all folks ageing into–or already in–Social Security. This service provides guidance in understanding the complexities of Social Security and the myriad rules and regulations associated with the process for claiming benefits, with NSSA-Certified Social Security Advisors available via email or telephone to discuss options. Learn more about this service via the Foundation’s website.