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Who is Affected by the New Budget Deal
There has been a lot of talk going around recently on how the new budget deal passed through congress affects those planning to retire soon. These changes, however, do not affect everybody; some are grandfathered in under the old plan. The general rule is, if you have already started your file-and-suspend strategy in retirement, then you are not affected by the new rules. The new system will start April 30, 2016. Anyone who files before this date can still take advantage of the loopholes. To learn more about this visit this article by Steve Vernon with CBS News.
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