Delayed Retirement Credits
Ask Rusty – Maximizing Spousal Benefits
Dear Rusty: My husband turns 68 next year, and I will be turning 66. He plans on continuing to work and retiring at age 70 to maximize his monthly Social Security benefits. I am retiring next year due to a…
Widow(er) Benefits and Delayed Retirement Credits Explained
In a post on maximizemysocialsecurity.com, the firm’s analysts examine the question of how delayed retirement credits (DRCs) are applied to widow benefits, explaining how the full retirement rate a surviving spouse will receive is calculated when DRCs are involved. Check it…
The Nuances of Switching from Disability to Retirement Benefits
In response to a question from a disability benefits recipient approaching her automatic transition to retirement benefits, this post on maximizemysocialsecurity.com outlines the mechanics of the process, and explains the recipient’s inability to defer retirement benefits and continue on disability to…
It’s Your Social Security…Make Sure Your Getting the Most!
In a post on sgadvisor.net, InvestmentNews contributing editor Mary Beth Franklin offers an extensive overview of the basics of ensuring a correct and appropriate level of Social Security benefits. Ms. Franklin covers the importance of being constantly vigilant on the accuracy of…
The Impact of Deferring Social Security Benefits
The Motley Fool’s Katie Brockman provides a review of the financial benefit–in terms of monthly payments–resulting from delaying one’s Social Security benefits until age 70, citing the “advantage” that accrues in the form of 8% delayed retirement credits each year. Her…
Reverse Mortgages as a Social Security Deferral Strategy: Be Careful!
It sounds like a piece of cake…take your home equity and use it to delay filing for Social Security so that you can capitalize on the Delayed Retirement Credits. But, as in most things that sound simple and easy on…