Social Security Optimization
It’s what everyone should do, but too few do– optimize your Social Security benefit amount. Georgina Tzanetos explains the simple rule of thumb– the earlier you claim, the less you get per month, but you get more checks; the longer you wait the larger the checks will be, though there will be fewer of them. What to do? She recommends considering your own health, spouse’s situation, and make sure to work the maximum 35 years to avoid a “zero” being placed into your calculation. Full piece 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.