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The Link Between the Claiming Decision and Survivor Benefits
For married couples, the need for a well-planned decision on when to file for Social Security benefits becomes very pronounced, especially when one of the partners is a much higher earner than the other. CNBC Personal Finance Reporter Lorie Konish, in a post on cnbc.com, explains how the loss of one of the partners can have a devastating impact on the other, and provides commentary on an approach involving a tradeoff between spouse benefits and survivor benefits that could mitigate a part of this issue. Check her post out here…
As you think about this topic, you know doubt understand how complicated this decision can be. Know that the AMAC Foundation offers a free Social Security Advisory Service to help folks understand the consequences of their claiming decisions, and you can learn more about this service here…