A stragagy that is interesting and very seldom used is to delay social security past your normal retirement age to gain the increase in benefit for your lifetime and also the lifetime of the surviving spouse. Think of the delay as purchasing an immediate annuity. If your full retirement age is 66 and you waited a year to claim benefits, your benefit would be increased by 8%. I know this is not for everyone, but if you have funds to use or invest in an annuity and are in good health this might make sense. The benefit would be adjusted for inflation and have no fees or commissions. It is especially useful if the person delaying the benefit has a younger spouse.
Just an idea. Food for thought.
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North Carolina, TV
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