Financial Perspectives – How Can Married Couples Maximize Social Security Benefits?
May 19, 2015 - By: SC&H Group
Decide Which Social Security Retirement Claiming Strategy Is Best for You and Your Spouse
Most of us are aware that the earliest you can begin receiving your Social Security retirement benefit is age 62, and the longest you can delay receiving your Social Security retirement benefit is age 70. The specific when and how to begin receiving your Social Security retirement benefit – known as your “claiming strategy” – should be incorporated into a much broader retirement planning discussion.
For a married couple, the claiming strategy used can greatly impact the total amount of retirement income received over their lifetime.
In this issue of Financial Perspectives, we explore two of the many available Social Security claiming strategies currently applicable to married couples to boost retirement income.
Download the latest issue of SC&H Financial Advisors’ Financial Perspectives newsletter now to learn more about maximizing your social security retirement income.