Latest News
Another Vote for Delayed Benefit Claiming - news800.com
Claim Social Security at age 62, wait until full retirement age (FRA), or hold off until age 70 and take advantage of delayed retirement credit. You’ve seen and heard the arguments for all three of these strategies, and there are sound reasons for each one, including the years between age 62 and FRA. So, what’s best for you? Our Advisors here at the AMAC Social Security Advisory Service always approach this question with the phrase, “it depends.” No single answer fits all situations, so we encourage full consideration of all aspects of your retirement planning, including health and spousal considerations, income sources, and more.
But that aside, many financial planners feel strongly about deferring benefit claiming until age 70. This news800.com post by investment advisor Terry Savage presents the case for the delayed retirement credits approach…check it out here. If you still have questions about which strategy is best for you, know that the AMAC Foundation’s Advisory Service is available free of charge. Click here to learn about this service and how to access it.