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Social Security: If this is your year to claim, read this!
There are some very basic–and very important–fundamentals anyone on the cusp of claiming their Social Security benefits should know. For example, where you stand chronologically compared to your full retirement age is a key to what your monthly benefit payment will look like. If you’re considering deferring, how does the rest of your financial picture shape up? If you’re married, how will the point at which you claim benefits impact the benefits available to your spouse? It’s critical that you become knowledgeable in these areas before pulling the plug, as explained in a post by The Motley Fool’s Christy Bieber on their website. Check it out here, and if you still have questions, know that the AMAC Foundation’s Social Security Advisory Service is available–free of charge–to help you. Learn more about this service via the Foundation’s website.