Things to Know Before Claiming Social Security - Lincoln Journal Star
Although this article describes several important factors as “secret,” they are hardly so. But they are, nevertheless, very important points to know before claiming your Social Security benefits. Specifically, the age at which you claim carries a lot of weight in determining your monthly benefit amount; if you’re married you should always plan as a couple for when each of you should claim your benefits; and you should understand that you may be obligated to pay Federal and State income tax on your Social Security benefits. Again, not “secrets” (rather, fairly well publicized rules), but three important points to understand before claiming your Social Security benefits, as explained in this article by Katie Brockman appearing in the Lincoln Journal-Star. Click here to read more.
Also, if you’re unsure about how these basics apply to you, or if you have any questions about your individual situation under Social Security, note that the AMAC Foundation provides a free-to-the-public service to help Americans navigate the complexities of this program. Learn more about it here…