When should you take Social Security?
Should you start social security at full-retirement? Is it better to wait until 70? What is file and suspend? Is that a good option? How can I maximize my spouses and my social security benefit together?
It seems that the options for Social Security benefits are getting more and more difficult to understand. Even when talking to ‘representatives’ of Social Security, many times they are not familiar with all of the options available. Furthermore, they provide little or no guidance.
To complicate things even further, the best selection of Social Security benefits can be dramatically different when a spouse is eligible or if either your spouse or you are subject to the Windfall Elimination Provision.
We work with you to help clear up the complexities of Social Security
Do you want to know you made the right decision when it comes to Social Security? Know your options. You have earned the right. We can help you decipher your options so you can make the best decision for your family and you. Take the most advantage of the social security benefit available to you.
Specifically, we can help you with the following:
Researching the options available
The first step is to determine what you are eligible for. We can do this by viewing a recent Social Security statement as well as any other pension eligibility that may hinder your family’s benefit.
Review the consequences of each option
Once we know what options are available to all those involved, we can go to work on showing you the benefits associated with those different options.
Avoid the common pitfalls many recipients make
After you understand your options, you can make a good decision about what is best. We work with you to make sure you stay clear of the common mishaps that we often see.
Integrate the social security options with other income streams
Finally, it is important to know your bottom line income when it comes to retirement. We help you to structure your income in an efficient way that takes into account your other retirement funding vehicles.