social security strategies for married couples 2019

Social Security Strategies for Married Couples The following is an adapted excerpt from my book Social Security Made Simple: Social Security Retirement Benefits and Related Planning Topics Explained in … If you file at 62 (the earliest age possible), your monthly benefit will be permanently reduced by 25-30 percent based on your full retirement age. Social Security benefits represent a valuable source of guaranteed income individuals can count as part of a retirement strategy. A couple approaching retirement has many critical decisions. Social Security basics everyone should consider. How married couples can get the most out of their benefits now that rules have changed. For example, you may be ready to retire and counting on Social Security as the cornerstone of your retirement plan. For married couples, a critical part of any Social Security claiming strategy is integrating Social Security benefits to take best advantage … Couples should keep in mind that waiting until full retirement age or even longer will significantly boost the monthly income they receive from Social Security. Social Security Strategies. Social Security benefits represent a valuable source of guaranteed income individuals can count as part of a retirement strategy. You may also contact Social Security at 1-800-772-1213 (TTY 1-800-325-0778) to speak with a … If you are married and ready to retire, you’ll need to consider the strategy you use to file for Social Security benefits carefully. Married couples might be able to receive more income from Social Security by looking at their options as a couple rather than as two individuals. For married couples, a critical part of any Social Security claiming strategy is integrating Social Security benefits to take best advantage of the rules surrounding the claiming of … Social Security Claiming Strategies for Married Couples April 2018 Deciding when to begin receiving Social Security benefits is a major financial issue for anyone approaching retirement, because the age at which you apply for benefits will affect the amount you’ll receive. We encourage you to research your options before you apply for benefits. ... Social Security Strategies for Couples: Rule Changes. Married same sex couples can claim the same benefits as non-same sex couples for Social Security, including retirement benefits, disability benefits and survivor’s benefits.