Final Days for Old Strategies
We are c0ming up on the final months of being able to use a few common Social Security filing strategies. These strategies, the “claim now and claim more later” and “file and suspend,” are slated to be unavailable on May 1 this year. Even then, they are only available to those that meet certain criteria or those that have already filed using these strategies. These strategies were closed down in a recent budget bill in order to save money on extraneous pay outs as these were seen as loop holes that were being exploited for extra benefits. For more information on this subject, visit this article by Grace L. Williams with onWallStreet.
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