Getting the Most Out of Social Security This Year

The recent changes to Social Security have left many wondering how to maximize their benefits under the new rules. Unfortunately, many of the popular ways to strategically file for Social Security in the past have been patched up and are no longer available to the majority of people. With these changes, choosing when to start collecting is more important that it was previously. Since the “file and suspend” option is no longer available, more thought must be put in as to when to actually start collecting in order to ensure the maximum pay out over your retirement. This differs from person to person and has no straightforward one size fits all solution. For more information on this topic, visit this article with Selena Maranjian with The Motley Fool.
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.
