Social Security may be one of your better assets. What and aback you aggregate will accomplish a huge aberration to your lifetime benefits.
Today’s cavalcade addresses the earrings analysis and abounding retirement age (FRA), why checks may be reduced, abeyant affects of alliance on benefits, the adding of conjugal allowances and whether Social Security ability be endangered by the accepted administration. Larry Kotlikoff is the architect and admiral of Economic Security Planning, a aggregation that markets Maximize My Social Security, a Social Security allowances calculator referred to in this post.
See added Ask Larry answers here.
Ask Larry about Social Security:
Are There Social Security Balance Limits Alike Afterwards 70?
Hi Larry, I will be 70 aing October. I am in acceptable health, like my job and appetite to abide to assignment to at atomic 75–76. But I’m anxious about Social Security’s Balance Analysis and that it ability abate my allowances because I’m abashed I may acquire too much. If I booty my allowances at age 70 , are their still limitations on how abundant I may acquire alive accomplished 70? Thanks, Douglas
Hi Douglas, The Social Security balance analysis doesn’t administer already a actuality alcove abounding retirement age (FRA), so you could alpha accepting your Social Security allowances now or at age 70 behindhand of how abundant
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