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Here’s a claiming strategy that may be worth considering, depending on nuances. - Plan Advisors
For claimants having dependent children under 18, there are provisions in the Social Security rulebook that could make it beneficial to file at age 62 but remain fully employed. It’s called a “claim-early-and-keep-working” approach that would enable payment of benefits to eligible dependents, with the loss of retirement benefits from the earnings test offset by the post-full retirement age adjustment to the claimant’s monthly benefit. Beware, though, there are plenty of moving parts in a strategy like this, so be sure to research it carefully. For an overview of viewpoints on this strategy, check out an article by Plan Advisor’s Rob Burgess here…
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