Understanding Social Security
There have been some big changes regarding Social Security in the past few months. Most notably is the removal of a couple common filing strategies that many people were taking advantage of to increase their benefits. In order to take advantage of these options you had to be “in the know.” Unfortunately, even with these practices being taken out of use, there are still many other facets of Social Security that many people do not fully understand. Social Security can be a confusing system to the layman, and navigating or even finding the information can be an insurmountable task. But, it is very important to make sure that you go in to retirement knowing all of your options to make sure that you are prepared for any curveball that may be thrown your way. To read up on a few misconceptions and brush up on your knowledge visit this article by Kate Stalter with U.S. News.
This posting is presented for informational purposes only and does not represent legal or financial guidance. Any opinions or interpretations presented are either those of the original author or, in the case of articles authored by the AMAC Foundation, are the opinions of AMAC Foundation staff, originally trained and accredited by the National Social Security Association (NSSA) and certified via the AMAC Foundation. Any links included in the article are valid on the posted date; socialsecurityreport.org cannot guarantee the duration of the links’ validity. NSSA and the AMAC Foundation and its staff are not affiliated with or endorsed by the Social Security Administration or any other governmental entity. To submit a question, visit our website (https://amacfoundation.org/services/) or email us at ssadvisor@amacfoundation.org. Because we are a non-profit organization, there is no charge for these services.