Heard on the Hill
“Social Security bridge” Arrangements Advocated as a Tool for Retirement Planning
Alicia Munnell, director of the Center for Retirement Research at Boston College, is advocating the use of “bridging” as a way to defer Social Security benefit claiming. Her approach would have “retirees make regular withdrawals from retirement assets between the day they retire and the day they file for Social Security benefits,” and would enable retirees to reap the benefits of Deferred Retirement Credits (DRCs). Click here for an analysis of this approach by Allison Bell, ThinkAdvisor’s insurance editor.
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.