Delaying Social Security Filing? Some Thoughts on Ways to Accomplish it Strategically.
Folks aging into Social Security eligibility have a very basic decision to make: When to file. Early filing (i.e., prior to Full Retirement Age) means a reduced benefit, while deferring up to four years beyond FRA provides a substantial income boost. The math part is pretty straightforward, but the matter of selecting a filing age that best fits your personal situation is not always that clear. Can you afford to defer? And, if you can’t, what alternatives are available to plug the income gap while you wait? Investment News contributing editor Mary Beth Franklin, in a post on www.investmentnews.com, provides some thoughts on strategies for accomplishing the objective of deferring your Social Security filing. Read her article here…
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