Three Social Security Traps to Avoid
Mark Singer of The Daily item Staff writes about three mistakes people make that can cost them money when they claim Social Security benefits. Singer explains the pros and of deferring spousal benefits as well as the pitfalls of remarriage as it relates to benefits. Most of the article focuses on the formula that takes into account 35 working years to calculate benefits. Read 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.