Social Security

How Remarriage Can Mess Up Your Social Security – Forbes

Retirement, Social Security

larry.lightSocial Security has a way of making your life decisions difficult. When divorce and remarriage enter the picture, things get very complicated.

The earliest age you can start claiming Social Security benefits is 62. You can also delay taking benefits to any age. If you wait until your full retirement age, which is 66 for the current crop of baby boomers, you receive a larger benefit. If you can get by without the monthly benefits for a few years longer, delaying further to 70 results in a maximized benefit for you.

Source: How Remarriage Can Mess Up Your Social Security – Forbes

How Remarriage Can Mess Up Your Social Security – Forbes Read Post »

Social Security Q&A: Will My Spousal Benefit Reduce My Husband’s Retirement Benefit? – Forbes

Social Security

Laurence-Kotlikoff_avatar_1405351517-400x400Social Security may be one of your largest assets. What and when you collect will make a huge difference to your lifetime benefits.

Today’s Social Security question is about the relationship between different Social Security benefits as well as Medicare.

Question: I currently receive benefits under the civil service program with the federal government and don’t have enough paid into Social Security. My husband retired on disability and started on regular Social Security when he turned 66. I will be 65 in a few months, and the Social Security Administration told me I could get Medicare under my husband. Will I have to sign up for Social Security to get

Source: Social Security Q&A: Will My Spousal Benefit Reduce My Husband’s Retirement Benefit? – Forbes

Social Security Q&A: Will My Spousal Benefit Reduce My Husband’s Retirement Benefit? – Forbes Read Post »

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