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Getting the Most out of Benefits in Marriage

Married couples face many more options when it comes to filing for Social Security than single retirees. There are many more strategies open to be taken advantage of and there are a few more pitfalls to look out for. It is very important to make sure that you go over each option before you choose one to make sure that you aren’t leaving any money on the table that you are entitled to. It is also important to make sure you make the decision that makes the most financial sense to your situation. Maximizing benefits in the long run is usually the most suggested option; however, some will not be able to afford to do that as it means that you will not be collecting enough in benefits to stay afloat early on. For more information visit this article by Kelli B. Grant and Katie Young with CNBC.

 

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.

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