3 Social Security Moves For Those Retiring Soon
Katie Brockman’s main point here is the best Social Security strategy is to begin planning before you actually retire. First, people should check their estimated benefit amount, easily done on-line with an account. Second, decide a claiming age, which can be any time between 62 and 70. Each month delayed yields a higher permanent benefit, but the figures really amp up between 67 and 70. Third, all should be aware of divorce benefits, spousal benefits, and survivor benefits. Things can get technical here so it’s best to chat with a financial advisor. Full article 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.