Claiming Strategies for Married Couples
Deciding when to claim your Social Security benefit is one of the most important financial decisions you will ever make. And financial reality for married couples is that your SS benefits will almost certainly become a very important source of your retirement income – in fact, about 20% of all married couples rely on Social Security for at least 90% of their retirement income. And that’s a staggering number, when you realize that many couples blindly claim Social Security as soon as they become eligible. In this Montana Standard article by Katie Brockman, the author offers several different scenarios for married couples to consider as they contemplate when to claim their Social Security benefits. Click here to read more.
Also, if you’re unsure about how these basics apply to you, or if you have any questions about your individual situation under Social Security, note that the AMAC Foundation provides a free-to-the-public service to help Americans navigate the complexities of this program. Learn more about it here…