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For Those Approaching Social Security: Some Very Basic Fundamentals

If you’re nearing a decision on when to begin drawing Social Security benefits and, especially, if you’re considering filing early, there are some very, very basic questions you need to ask yourself before taking the plunge. If you’ve created a personal Social Security account, you can readily determine the most straightforward question, “What will my benefit be?” But that’s not all that needs to be considered, as The Motley Fool’s Maurie Backman stresses in an article posted on their website. Of the three questions Ms. Backman poses, perhaps the most significant for married individuals is the third…the impact on spousal benefits. Check out Ms. Backman’s post here, and if you need any assistance in determining how the Social Security rules fit your individual situation, remember that the AMAC Foundation operates a free-to-the-public Social Security Advisory program featuring the services of trained and NSSA-accredited Advisors available on-demand. Learn more about this program here.

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