Number 4 In The 10 Bizarre Things About Social Security Series... Your Social Security statements show the benefit amounts you will receive at three different claiming ages; age 62, the earliest claiming age, your Full Retirement Age (assumed to be age 66) and age 70, the oldest claiming age. Well it turns out the benefit [...]
Number 3 In The 10 Bizarre Things About Social Security Series... The common belief about Social Security is that if you are in very poor health, you should claim your benefits as early as possible so you can receive the most amount of Social Security income as possible before you die. That makes sense in most [...]
Here's another bizarre thing about Social Security: Getting a divorce could substantially increase your Social Security income. This applies to someone who has been divorced and remarried. If your first marriage lasted at least 10 years before the divorce, Social Security allows you to claim a Spousal Benefit and a Survivor Benefit based upon the [...]
Quite simply, you don't need to know everything about Social Security in order to make a great claiming decision. You just need to know when and how to claim it. However, for those in the interest in the strange and obscure, I offer you my article series, 10 Bizarre Things About Social Security, which will [...]