Six Months Left for Social Security Loophole

The recent federal budget bill put an end to a few common Social Security filing tactics, but this only goes in to effect on April 29 of 2016. There is still six months to take advantage of this strategy to boost your Social Security benefits, but only for those grandfathered in. In order to still take advantage of this loophole, you must be at least 66 years old before the cutoff date in April. Many did not know about this filing strategy, but thanks to the budget bill it has been more publicized, allowing many to take advantage of this window of opportunity. For more information, visit this article by Philip Moeller with Time.

 

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