The best Social Security benefit election for right now may not be the best deal for a lifetime.
The difference between a good election decision and a poor one is regularly more than $100,000 in lifetime income.(Social Security Timing, Inc.)
There are literally thousands of options for when and how you claim your Social Security benefit. Regardless of marital status, you have multiple options that should be carefully evaluated. In some cases benefits may be available as early as age 60.
The final step is to test several combinations of Social Security strategies and taxation within a retirement planning projection. The best election for right now may not be the best deal for a lifetime. Find more information under the Social Security Tab.
Feel free to download and share the brochure: "Maximize Your Social Security, Build the foundation of a stable, secure retirement plan."Please be aware that we use third party sources which are reliable within the industry but not affiliated with Western International Securities.
2016 Social Security Changes
The new Budget Bill will dramatically change two Social Security claiming strategies. The proposed 2016 budget expected to go to Congress for approval this week would eliminate the restricted application strategy and modify the voluntary suspension strategy - two important Social Security claiming strategies now available to Social Security beneficiaries.
A fact sheet of 2016 changes is located in the documenst section of Social Security Claiming Strategies under the Social Security tab. Please call if you have any questions.