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Understanding Social Security’s Marital Benefits–An Important Element of Retirement Planning
Social Security can be a complex area, with its thousands of rules, regulations, and options that should be understood to make the best claiming decision for each individual’s situation. While there is the immediate option of spousal benefits and the potential increase a lower-earning spouse can realize, there are some related rules associated with survivorship and divorce situations that make it important for all current and future beneficiaries to understand, and a recent post by The Motley Fool’s Kailey Hagan offers some background that might be of interest. Check out her post here.
After reading Ms. Hagan’s post, you may have questions regarding how the marriage rules might apply to your individual situation. If so, know that the AMAC Foundation offers a free service to help you. With a staff of trained and certified Social Security Advisors available for assistance, this service can be accessed via telephone or email. Ldearn more about the service and how to take advantage of it here.