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What’s the big deal about Retroactive SS Benefits? - Tucson.com
Always an interesting read, retired Social Security employee Tom Margenau writes regularly about Social Security matters, with his articles published nationally. Mr. Margenau’s most recent article touches on something we regularly encounter here at the AMAC Foundation’s Social Security Advisory Service – claiming retroactive Social Security benefits. And, for the record, we largely agree with Mr. Margenau’s position – that intentionally claiming SS benefits retroactively doesn’t make much sense. For our part, we discourage intentionally waiting to claim retroactive benefits, but we are sure to make people aware of that opportunity, especially if they simply forgot to claim SS at age 70 (when their maximum benefit was achieved). In any case, this article by Tom Margenau appearing at Tucson.com is an entertaining view of claiming retroactive Social Security benefits.
Social Security is a complex topic. If you’re unsure about how these basics apply to you, or if you have any questions about your individual situation under Social Security or enrollment in Medicare, note that the AMAC Foundation provides a free-to-the-public advisory service to help Americans navigate the complexities of these programs. All questions are answered quickly, at no charge. Learn more about it here…