How reduced Social Security benefits happen
Most articles about Social Security you see will put a lot of emphasis on how to maximize your benefits. In this Yahoo! Finance article by The Motley Fool’s Christy Bieber, the author takes a bit of a different approach and lists those things which can reduce your Social Security benefit. And the list is fairly large – from filing too early, to working after you claimed early, to remarrying when you’re collecting benefits based upon an ex-spouse’s work record. Being cautious and understanding what NOT to do is at least as important as understanding what you should do, as discussed in this informative article. Click here to read more.
Also, if you’re unsure about how these basics apply to you, or if you have any questions about your individual situation under Social Security, note that the AMAC Foundation provides a free-to-the-public service to help Americans navigate the complexities of this program. Learn more about it here…