Filing Strategies for Couples–The Importance of Synchronization
ThankAdvisor contributors Joe Elsasser and Ron Piccinini tackle one of the more complex and dynamic subjects in Social Security…the importance (criticality, really) of appropriately optimizing the timing of both spouses in applying for benefits. With the evaporation of “file and suspend” strategies and the limitations on the “restricted application” strategy, it becomes more and more essential that couples pay attention to the timing of their individual filing dates. As Piccinini points out, “A properly optimized Social Security timing strategy can add hundreds of thousands of dollars to the bottom line for a married couple.” Read their thinkadvisor.com post here…
If, after reading the referenced article, you still have questions around when to file, feel free to contact the AMAC Foundation’s Social Security Advisory staff for further discussion. Our certified Advisors can help you navigate this complex area. Learn more about this free-to-the-public service via the Foundation’s website.
This posting is presented for informational purposes only and does not represent legal or financial guidance. Any opinions or interpretations presented are either those of the original author or, in the case of articles authored by the AMAC Foundation, are the opinions of AMAC Foundation staff, originally trained and accredited by the National Social Security Association (NSSA) and certified via the AMAC Foundation. Any links included in the article are valid on the posted date; socialsecurityreport.org cannot guarantee the duration of the links’ validity. NSSA and the AMAC Foundation and its staff are not affiliated with or endorsed by the Social Security Administration or any other governmental entity. To submit a question, visit our website (https://amacfoundation.org/services/) or email us at ssadvisor@amacfoundation.org. Because we are a non-profit organization, there is no charge for these services.