Managing Multiple Social Security Benefits
That Social Security is a complex program is hardly news. Christy Bieber’s comprehensive article here takes readers through the four types of benefits: retirement, spousal, disability, and survivors’ benefits. The article explains how each benefit is calculated. It is possible to qualify for multiple Social Security benefits, such as benefits based on your own work record and for survivor’s or spousal benefits based on a current or former spouse’s work history. Those entitled to multiple benefits don’t generally get both combined but rather receive the higher of them, with one exception being Supplemental Security Income (SSI) and retirement benefits. Bieber’s article also explains the restricted application (no longer applicable for most) and the family maximum. Full article here.
The AMAC Foundation offers a free-to-the-public advisory service to all folks ageing into–or already in–Social Security. This service provides guidance in understanding the complexities of Social Security and the myriad rules and regulations associated with the process for claiming benefits, with NSSA-Certified Social Security Advisors available via email or telephone to discuss options. Learn more about this service via the Foundation’s website.